This is from CNN. I guess the narrative is to place the blame on Powell. Check out which prominent economists wanted a rate cut. They include a favorite Nobel Prize winner.
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This is from CNN. I guess the narrative is to place the blame on Powell. Check out which prominent economists wanted a rate cut. They include a favorite Nobel Prize winner.
A chart always helps.
https://imgprxy.stacker.news/YYUGroBI5-KQUB5d6IYoaQjy0gZ_zjbY-FzevfpkCNg/rs:fit:1920:1080/aHR0cHM6Ly9tLnN0YWNrZXIubmV3cy80MzAxNw
https://www.reuters.com/markets/us/us-job-openings-edge-lower-june-2024-07-30/
The famous Noble Prize Winner keeps on yelling but he forgot that Fed got no ears!
https://m.stacker.news/43067