"Everybody expects the Fed to move 50 basis points," says ahead of Wednesday's Fed decision. "The question's going to be what are they going to say about the future." youtube.com/playlist?list=
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We are reaching limits of the Fed's move, probably 50bp+50bp+25bp, by next Spring. At some point, the debt level will be a red flag .
Data on wages, unemployment, PPI and PCE, all show a strong consumer resilience.
Inflation characterized by a strong core. Will be a long fight
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That should make you happy.
I tried to follow you, and nothing. Don't think that the other people I follow are showing up either.
You look not so good, I am twisting out as in the old days, and hope it makes a difference.
I was working hard on a chemistry project, done now.
Core CPI is still high and the labor market is strong. Without wages going down, it will take time to beat inflation.