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Economy

bucolic_frolic

(48,290 posts)

1. Just like the 1970s, inflation tacks upward after initial drop

Reply to Tansy_Gold (Original post)

Tue Feb 13, 2024, 08:36 PM

Feb 2024

Powell is smart enough, and the Fed has enough experience, to know this will happen. The worst mistake they can make is to loosen again too soon, and by too soon I mean this year. You don't beat inflation without recession. That's not a political argument, that's economics.

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STOCK MARKET WATCH: Wednesday, 14 February 2024 [View all] Tansy_Gold Feb 2024 OP

Just like the 1970s, inflation tacks upward after initial drop bucolic_frolic Feb 2024 #1

Message auto-removed Name removed Feb 2024 #2