Federal Reserve officials held off on cutting interest rates this week because they want slightly more data to feel confident that inflation is truly coming under control.
Is this is a joke?
When it costs more to borrow to buy a house or expand a business, people make fewer big purchases and companies hire fewer workers.
Where are the line go up libs to complain about this?
Fed officials stood ready to react if they saw evidence that the job market was taking a sudden and unexpected turn for the worse.
Why, so they can celebrate as soon as they confirm that they successfully (along with the biden admin) killed all the labor momentum from 2020?
“A broad set of indicators suggests that conditions in the labor market have returned to about where they stood on the eve of the pandemic,” Mr. Powell said during a news conference this week. He later added that “I would not like to see material further cooling in the labor market.”
Amazing to read this statement as soon as I typed my previous remark. These fuckers admit everything openly.
Is this is a joke?
Where are the line go up libs to complain about this?
Why, so they can celebrate as soon as they confirm that they successfully (along with the biden admin) killed all the labor momentum from 2020?
Amazing to read this statement as soon as I typed my previous remark. These fuckers admit everything openly.