EP 338. The Fed’s Hawkish Tone, NASDAQ Selloff, Interest Rate Hikes, Retail Stocks: Now What?
Focused Compounding
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Is the Fed Overshot Their Goal of Employment Consistent With Inflation?
The fed has already achieved, or in fact, overshot, their goal of employment consistent with inflation. At some point they may say the continued preductions on non employment are inconsistent with their goals. If that's true, i don't think that unemployment below four % is consistent with them,. With inflation below the target that they want it wouldn't be good.
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