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DrScopeify
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Comments by "DrScopeify" (@drscopeify) on "Fed will shift focus from inflation to labor market, says Wharton's Jeremy Siegel" video.
I knew this was coming, the FED wants a 2 year period of slow rate cuts as shown in the dot plot so they can keep control over inflation but in order to pull that off you need some inflation left in the system to cushion to slow way down, you can't reach 2% and after that a 2 year slow period of rate cuts that's not going to work so you need more inflation to begin the rate cut part of the cycle. Keep in mind over the next 2 months we will erase peak inflation months in YoY data June and July 2022.
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@LiberatedMind1 In my state you need to wait many months before you can claim they have this strange method where there are 3 months windows to file or whatever so you need to wait and I guess they do this to filter out people who can quickly find a new way and prevent paying them out.... This messes up the data in my state and I guess at the next window will be a surge in activity but time will tell. I think it is August? But not sure.
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