reply on: Worker pay rose more than expected in Q1 in another sign of persistent inflation \ stacker news ~econ

6 sats \ 2 replies \ @Cje95 OP 30 Apr \ parent \ on: Worker pay rose more than expected in Q1 in another sign of persistent inflation econ

Yep. Do you think they (Fed) will implement another 25 basis point hike? I am growing to think that they just might do that.

0 sats \ 1 reply \ @nym 30 Apr

Maybe in the next quarter or two

0 sats \ 0 replies \ @Cje95 OP 30 Apr

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.