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Powell Raises Rates To A 22-Year High, Is This The End? | Jim Bianco

Inflection Point

00:00

The Fed's Attention to Unemployment

Jay Parini: The problem with the labor market right now appears to be that there is no problem. He says if unemployment rate was to stay under 4%. You know, and people say, Jay, you got to stop raising rates. It's really not doing anything to tell them that there's any problem.Parini: What do you think about the X? I'm not that bearish on the X. Whether or not he can follow through on it is a different thing.

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