Submitted by Surlax t3_11e65gn in wallstreetbets
Due-Employee9272 t1_jadar2c wrote
Reply to comment by PAM111 in The Fed is yet to catch up to the Taylor Rule estimate by Surlax
Agreed on the fed taking to long to act, it was a dangerous choice.
As for stagflation, you're technically wrong but I agree with you. If we didn't have a pandemic where it was hard to find workers, we wouldn't have companies hoarding employees like we have now. But over time, I expect unemployment to rise as the rate increases take effect.
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