3 ms·
The "recession" is aspirational. They will keep talking about it until investors get spooked and cause a recession. https://theintercept.com/2022/11/04/federal
by t-3 4y ago
The "recession" is aspirational. They will keep talking about it until investors get spooked and cause a recession.
https://theintercept.com/2022/11/04/federal-reserve-interest-rates-savings/ https://theintercept.com/2022/11/04/federal-reserve-interest...
> “We see today that there is a bit of a savings buffer still sitting for households, that may allow them to continue to spend in a way that keeps demand strong,” she said. “That suggests we may have to keep at this for a while.”