Post #7894 by commonone on the US Policy board

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Dope1: Wonder if they realize that this means the Fed's rate hikes aren't working?

And that the Fed will have to raise rates even more...?

Probably not. Chatbots just go for headlines; not actual analysis.

Funny, the recessionistas promised us a recession by the end of 2022 and when it didn't appear, they said, "Wait'll 2023, baby!"

In 2023, the economy kept growing and unemployment hit fifty year lows with inflation falling from over 8% a year ago to 3.7% at the latest reading (and still falling).

So instead of that promised and predicted recession this year, the economy is actually growing at nearly 5% and if Powell reads beyond the headlines, he's done hiking.

But thanks for your "actual analysis".

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