Jobless Claims Plummet: Throwback to 1969
Real Vision: Finance & Investing
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Are the Feds Starting to Talk About Accelerating the Taper?
Wage inflation is that sticking inflation that we know the feds going to worry about and full employment one of their targets. Some fed officials are starting to talk about speeding up that taper, getting out in front of inflation. This nex two to three months or so, is still very much near the peak of the inflation cycle. We do think that will be enough to necessitate lift off from the tapering process.
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