The Fed says inflation expectations are anchored, but it worries they won't stay that way. What does that mean and why is it important enough to risk millions of jobs?
If the Fed’s aggressive stance increases U-3 by 50bps, is the “Sahm Rule” more like the Taylor Rule or the Heisenberg Principle? Is it an observation or closer to a law of nature?
If the Fed’s aggressive stance increases U-3 by 50bps, is the “Sahm Rule” more like the Taylor Rule or the Heisenberg Principle? Is it an observation or closer to a law of nature?