Economists worry that the Fed thinks inflation and job market are joined at the hip

In the Federal Reserve’s playbook, inflation and the job market are joined at the hip — constantly moving in relationship to each other.

In this economic cycle, more and more economists think the relationship has broken down and are worried that the Fed doesn’t seem to think so. See: Did the jobs report really show 517,000 new jobs? Maybe not, but the U.S. labor market is still red-hot. She argues that the spike in inflation was caused by too much demand coming out of the pandemic that couldn’t be filled by companies struggling to manage the coronavirus epidemic and supply chains. In other words, demand recovered before supply.

If these members keep attacking the jobs market they all should be terminated. Biden, your are bragging about jobs but you have some job killers trying to stab you in the back. Get rid of them. Jobs are good!!!!!!!

Silly. Everyone knows that govt spending and printing is what causes inflation.

Nederland Laatste Nieuws, Nederland Headlines

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