Will Jobs data have to suffer in order to get inflation down ?
In the 80's it looks like it took very high interest rates to combat the high inflation in the 1980's. With the GOP looking into stopping Bidens spending habits we may possibly be ready for the unemployment to move up and our economy will do some suffering.
Still, Unemployment is low, and inflation is hot. If the jobs data stay sideways this holds the door open for a more hawkish fed.
The large difference in the 80's is we had Reagan in office, and he was not a senile wimp.
I think the Feds are about to step up their game. So get ready traders!
Still, Unemployment is low, and inflation is hot. If the jobs data stay sideways this holds the door open for a more hawkish fed.
The large difference in the 80's is we had Reagan in office, and he was not a senile wimp.
I think the Feds are about to step up their game. So get ready traders!
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