These threads offer so much value add.
The Employment numbers have been the main focus since the Pandemic started.
What are the two objectives of the Fed? I'll give Dumb-as-a-bag-of-Rocks a hint, one of them is Employment.
The reason the Fed didn't go harder on Inflation is because they didn't want to spike Unemployment, their other priority.Not true. The CPI was the dominant figure until the growth scare. The OP is correct but as if it's news to anyone.
The reason the Fed didn't go harder on Inflation is because they didn't want to spike Unemployment, their other priority.
Unemployment has been in focus for Months now.