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One of the most memorable "Seinfeld" episodes is "The Soup Nazi" where Yev Kassem demands a strict regimentation from his patrons.
Yesterday, in what is likely to become one of the most memorable FOMC meetings, Jay Powell decided to play the role of Yev Kassem.
This time, the strict regimentation comes in the form of what is likely to be the most aggressive tightening cycle we've seen since the mid-late 2000s.
Only problem is, we are playing the role of the master's patrons: Jerry, George and particularly Elaine who end up with no soup and a ban for a year.