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- Title
Bad Things That Could End the Good Times.
- Authors
BAKER, DEAN
- Abstract
Anyhow, if we actually do see the downward trend in inflation reversed, it's a safe bet that the Fed will go back to hiking rates in a big way. Probability - 5.0 percent Inflation begins to reaccelerate, leading to more aggressive action by the Fed - Virtually all the data that we have seen over the last few months indicates that inflation is slowing and will continue to slow. The Fed gets carried away with rate hikes, even with inflation slowing towards its target - My take on the data is that we are looking at inflation rates that are still above the Fed's 2.0 percent target, but moving towards it.
- Subjects
RACIAL wage gap; WAGE increases; UNITED States economy; RUSSIAN invasion of Ukraine, 2022-
- Publication
CounterPunch, 2023, p1
- ISSN
1086-2323
- Publication type
Article