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Debt Limit Relief, Labor Market Disbelief
Moody's Talks - Inside Economics
The Fed's Probability of Raising Rates
I worry about the consumer, right? The student loan repayments are just another, uh, weight on a lot of consumer spending. And they're not getting a ton of help from productivity growth. So I think there's a lot of pressure to keep rising, raising rates and eventually, again, got it. If you ask them what inflation target they would pick today, if they could pick it today, um, it's probably 3%. They probably want 3% unemployment rate given the slow real potential of the economy.
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