2023 Rate Cut Standoff Puts Fed, Markets On Collision Course
If you ask Mary Daly, a slowdown in the US labor market is "completely worth it" if it means taming prices. She spoke Wednesday during a Twitter event hosted by Reuters. It was the second time this week that Daly weighed in. Although she was careful to suggest policymakers not "get ahead of themselves," she nevertheless pushed back on hopes for a dovish pivot. In fact, she delivered some of the most explicit rhetoric yet vis-à-vis market pricing for the policy path and, by extension, the summ
2 thoughts on “2023 Rate Cut Standoff Puts Fed, Markets On Collision Course”
The inflation fighting of the 80s was concurrent with women entering the workforce in droves. Labor always becomes expensive after Pandemics.
Looks like used car prices might be dropping in the not too distant future. I have also read that dealers are running out of room to store repossessed cars.