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>Strong jobs report = the Federal reserve hasn't achieved what they wanted yet (slightly more unemployment and to bring wages down) Good news is now good news
by hammock 4y ago
>Strong jobs report = the Federal reserve hasn't achieved what they wanted yet (slightly more unemployment and to bring wages down)
Good news is now good news though, as despite what your are saying (which has been true) the Fed has made it extremely clear they are pausing and will not raise rates again this cycle
- jjtheblunt 4y agoIs that believable?
- hammock 4y agoThat’s a personal question
- jjtheblunt 4y agogood point!
- williamDafoe 4y agoYou are talking about the foxes that killed all the hens when Powell printed his 15 trillion dollar bubble in April 2020 and exactly that fox is now guarding the inflation hen house. Of course he's going to say "one and done" every time he raises rates because he's a fool and doesn't want to draw more attention to his big life mistake!
- bradleyjg 4y agoHe wasn’t the only one pouring endless trillions into the economy. Congress, under both parties, lit an unprecedented amount of money on fire.
- deleted 4y ago[deleted]