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0 sats \ 3 replies \ @nym 30 Apr 2024 \ on: Worker pay rose more than expected in Q1 in another sign of persistent inflation econ
Prices will continue to rise.
Yep. Do you think they (Fed) will implement another 25 basis point hike? I am growing to think that they just might do that.
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Maybe in the next quarter or two
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Powell's talk on Thursday is really going to cement what they do. I know he is under pressure to cut from the Admin but it is pretty clear that inflation is bubbling and I feel if he did make that move it would roar back to life and before you know it be 5-6% again.
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