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Execution so far has been good - on a real basis, the US economy is on pre-covid trend despite lockdowns, inflation, a war in Europe, etc. If the Fed actually n
by xadhominemx 3y ago
Execution so far has been good - on a real basis, the US economy is on pre-covid trend despite lockdowns, inflation, a war in Europe, etc. If the Fed actually navigates us into a soft landing, it will probably be the greatest achievement in the history of modern economic management (maybe along with the Marshall Plan)
- tootie 3y agoEmployment-population ratio is now higher than pre-pandemic. For prime age population, it's now less than 1 point below the all-time high in 2000. And the silicon valley layoffs seem to have run their course. https://fred.stlouisfed.org/graph/?g=16Q9S https://fred.stlouisfed.org/graph/?g=16Q9S
- xadhominemx 3y agoStill need to work CPI below 2.5% probably. But looking more promising.