Disadvantaged?, The Fed’s Fight, and 3 Buys & A Bail 7/22/22
The Exchange
00:00
Isn't It Time to Keep Hitting Rates?
I'm puzzled, to tell the truth, why more people aren't forecasting recession. Some of this inflation will come down naturally as commodity prices stabili and as supply chains improve. The part that isn't fixable is the absolutely crazy, red hot labor market. Otherwise, rinicate massive ongoing cost pressures with rising wages,. There's no way the fed can hit their two % target for inflation in the next few years if they don't significantly cool off the labor market.
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