The economic boom spurred by the federal government during the pandemic gave us too many jobs. That needs to change.
If you want to keep the Federal Reserve on a slow course to raise interest rates to a reasonable level — let's call it 3.5% — we need to see three things: Big layoffs in the thousands A suspension of buybacks to preserve cash Store closings and promotions that save a middle class consumer in the throes of inflation everywhere We are beginning to see a smarter consumer spending less, both at the store and on vacation.
We are beginning to see a smarter consumer spending less, both at the store and on vacation. The former is because of the exorbitant price increases in every aisle and the latter is much more because the airlines have made traveling too unpredictable. Price increases still seem inevitable. It's almost as if every company is pushing higher costs through to consumers, but none seem to have geared up for the price hikes except, which shows you why its performance is so solid. I do fear it will take a Justice Department case against a group of producers to demonstrate some sort of price fixing, but those cases are hard to win, let alone to bring. Nevertheless, there does seem to be plenty of gouging.
Now we are on the more intractable side — wages and rents and food — and these are truly difficult for a Fed to beat with its blunt instruments.
日本 最新ニュース, 日本 見出し
Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。
Kimi Raikkonen Will Start 27th in Tomorrow's NASCAR Cup Series RaceYes, Kimi Raikkonen's long-awaited NASCAR road course debut is actually happening.
続きを読む »
Deputy resigns after traffic stop that pregnant mother calls terrifyingThe mother says she keeps replaying the incident in her head, worried about might have happened.
続きを読む »
Looking For More Summer Bliss? Lighten Up With These 6 Outdoor IdeasTo inspire some alfresco fun, we've compiled the one-and-only checklist you need to keep the season ablaze. ☀️
続きを読む »
‘My Average Life Is Smothering Me’HolaPapi: 'I just can’t shake the notion that I will wake up one day and be 80 years old and feel like I’ve wasted my life.' jpbrammer responds
続きを読む »
Wages Are Now the Hottest Inflation Signal. Here's What That Means for the Federal Reserve and the MarketsInflation is hottest in the job market as consumer and producer price data eases, and the Fed will be watching wage growth closely as rate hikes continue.
続きを読む »