The Fed has a mission. Stop inflation. Americans need to hurt. The economy recovered from COVID. More people are working than before COVID. Unemployment is 3.5%. The rapid recovery came at the price of inflation. The Fed wants businesses to be less hopeful and potential buyers of things to be more cautious. The Fed wants layoffs. Unemployed people serve as a cautionary example to employees who may be thinking about pay raises.
Fed pain ahead. Stagflation.
Fed pain ahead. Stagflation.
Fed pain ahead. Stagflation.
The Fed has a mission. Stop inflation. Americans need to hurt. The economy recovered from COVID. More people are working than before COVID. Unemployment is 3.5%. The rapid recovery came at the price of inflation. The Fed wants businesses to be less hopeful and potential buyers of things to be more cautious. The Fed wants layoffs. Unemployed people serve as a cautionary example to employees who may be thinking about pay raises.