4 ms·
I feel like there's an important missing statement: the next meeting of the FOMC is on May 2 [1], so waiting to see if inflation or wages really pick up would n
by boulos 10y ago
I feel like there's an important missing statement: the next meeting of the FOMC is on May 2 [1], so waiting to see if inflation or wages really pick up would not have been a big deal. Most people are arguing we need to raise rates now, but I don't see the argument versus six weeks from now.
[1] https://www.federalreserve.gov/monetarypolicy/fomccalendars.htm https://www.federalreserve.gov/monetarypolicy/fomccalendars....