Fed comments and the market's current chop

Listening to Powell again, the 'higher for longer' drumbeat is getting a bit old, but the market's still reacting. You see $NZDCAD pushing up, then pulling back, $INR doing similar - it's all just chop as everyone tries to price in what the Fed actually means this time. My watchlist is getting culled. Focusing less on the high-beta stuff and leaning into quality value that can weather persistent rate pressure, because frankly, I don't see a clear path out of this holding pattern until we get some undeniable data one way or another. No point gambling on noise when the underlying message hasn't fundamentally shifted.