U.S. labor market tightening; inflation pressures muted

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The number of Americans filing applications for jobless benefits tumbled to near...

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Why raise rates if no inflation? Better worry about creating deflationary spiral. Pulling out of that is difficult once it starts! Leave interest rates alone until we have inflation to worry us.

And I have some ocean front property in Montana to sell

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U.S. jobless claims dip in sign of labor market strengthThe number of Americans filing applications for jobless benefits fell marginally...
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US jobless claims dip in a sign of labor market strengthThe number of Americans filing applications for jobless benefits fell marginally last week to near a 49-year low, pointing to underlying strength in the labor market.
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