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US Inflation Cools Offering Hope Fed Can Wrap Up Hikes

Bloomberg Businessweek

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J. Pals's View on the Economy

At the center of all this is still the labor market. That's what's really keeping the whole economy going right now. Mike, do you feel like J. Pals feeling pretty good about this report and where things are moving? Well, he has to be wary. We've played whack-a-mole with inflation. Something goes down, and then the next month it goes back up again. But I don't know if you saw Paul Krugman's column today, the New York Times, the headline was, dude, where's my recession? Because people have been predicting it for so long.

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