Is the Fed Really Preemptive?

The Fed is now less preemptive in terms of policy being the dominant variable, not the data. But i think its this recalberation of policy also happened in the context of a labor market that is healing much faster than it has in past cycles. The economyi's not really going to be able to deal with this public deprivate sector hand off. And we're getting too, actually closer to an equilibrium point where a lot more hikes next year verses, you know, fewer hikes next year. I mean, i think there is this bias to kind of assume that whatever the data comes in is, that's a act. It's actually getting pretty close to a nice eilibrium