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In response to
"Cool. I hope they start worrying about staying at full employment, and not just keeping the labor part of inflation down. -- nm"
by
Inigo
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It’s fascinating to continue to watch them be right for the wrong reasons though, as I see it at least. -- (edited)
Posted by
znufrii 🦄 (aka znufrii)
Apr 28 '23, 09:55
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Inflation is coming down, albeit more slowly than needed, and the labor market has not been significantly impacted (yet) due to the interest rates going up, notwithstanding the messaging coming from the Fed that labor appears to be their primary target.
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Responses:
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