News about Inflation

📉Spoke to @chrisjcondon « @EYnews Chief Economist Gregory Daco says the Fed & financial markets would benefit from a forward-looking strategy for quelling #inflation, rather than reacting to each backward-looking data point » www.bloomberg.com/news/articles/2024-06-07/jobs-surge-to-reignite-fed-debate-over-how-restrictive-rates-are

The Fed may want to keep an eye on the rate of change in the unemployment rate. If they're not too busy giving speeches of course. Grey areas = recessions. pic.twitter.com/YkDdiFvZll

Global central banks: We're cutting rates. Fed: We'll wait until revisions tell us we're too late.

The Fed has BLUNDERED, AGAIN. "The US is currently experiencing an 'unprecedented' monetary contraction. The US has only experienced four monetary contractions since the founding of the Fed in 1913. All have resulted in recessions." My latest with @AndrewFBrill on @wealthion. pic.twitter.com/i23KRerlYn