i don’t agree with your assessment of the indicators. We haven’t hit target inflation, because labor costs have been resisting upward pressure due to underempl

i don’t agree with your assessment of the indicators. We haven’t hit target inflation, because labor costs have been resisting upward pressure due to underemployment. The fed thinks it can paper over structural problems with cheap money, resulting in capital asset price inflation and increased wealth disparity...furthering barriers to real wage growth.