Powell at Jackson Hole: Economy's solid growth could require additional Fed hikes to fight inflation
apnews.com
The continued strength of the U.S. economy could require further interest rate increases, Federal Reserve Chair Jerome Powell said in a closely watched speech that also highlighted the uncertain nature of the economic outlook.
  • ShinhoshiEnglish
    102·
    2 years ago

    It’s not even defensible even inside the lib BS now that inflation is back to 3.2%

  • davelEnglish
    92·
    2 years ago

    The layoffs will continue until morale improves.

  • Justice
    6·
    2 years ago

    I can’t take anyone serious who thinks the economy is “good.” Putting aside my personal thoughts on capitalist economics and how many shits I give about it (negative shits), it’s just sad-funny to see these libbed up boomer vampires talk about how “good” everything is while healthcare still isn’t universally available, homes are unaffordable, and general food and essential commodities are still outpacing any sort of recent wage increases.

    I guess if you’re the feudal lord-in-waiting everything is going great. The serfs-in-waiting are a little bit bummed out though, I gotta say.