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They have said, literally, that they will not stop with rate hikes until unemployment is significantly higher.
by solumunus 3y ago
They have said, literally, that they will not stop with rate hikes until unemployment is significantly higher.
- kortilla 3y agoNo, they have said, literally, that they will not stop rate hikes until they hit their inflation target. They will also consider stopping if it starts to interfere with their max employment mandate. The critical difference that you are missing is that if inflation stops before employment declines, they will stop raising rates.