Comment on Powell sees tariffs raising inflation and says Fed will wait before further rate moves
potoo22@programming.dev 1 week agoThat seems reasonable. It’s also possible for both high inflation and high unemployment. In that case he’d be like ¯\_(ツ)_/¯
shortwavesurfer@lemmy.zip 1 week ago
Based on his comment yesterday, he would find out which one is moving faster in the wrong direction and be more aggressive on that side of the mandate. If they are both rising, but one is rising faster than the other, then he would focus on that side first.