Unintended consequences, or is the Fed doing this on purpose?

The latest comments from Jerome Powell and the Fed are NOT what they thought they would be announcing at this point in 2024. At the end of 2023 all estimates we that the Federal Reserve would bring at least 3-4 rate reductions into 2024. Some aggressively projected as many as 6-8 rate reductions as the Fed achieves the illusive “soft landing” that seem all for naught.