Feds decided to raise rates AGAIN today by 50 basis points, while "acknowledging that inflation is easing". Fed. Chair Jerome Powell said last month "there is still a chance the economy can avoid a recession, but the odds are slim".
Does he not realize that HE (as the Fed. Chair) has the ability to heavily influence whether the US goes into a recession or not? It's a balancing act and if inflation is easing, then don't continue to raise rates
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This is the same dude that said, “We now understand better how little we understand about inflation” in 06/2022