Fed Funds Rate Is Going to Be a Factor for the CPI Rate Coming Down

The fed knows that they don't really have that much impact on the c p i rate, but they have to pretend they do. The political pressure is there, and god knows the media won't stop talking about it. But if the unemployment rates arts coming up, they have cover. If the unemployment stays very low, they really do believe that there's a trade off between employment and inflation in this phillips cur thinking.