Fed Chair Jerome Powell himself was unabashed last year about taking those measures.
Many economists agree that the U.S. is, for now, not in a recession. The most recent gross domestic product report published last week showed the U.S. economy In fact, the economy may now be in a sweet spot. Julia Pollak, the chief economist at the online employment marketplace ZipRecruiter, sees encouraging signs that the economy is in, or is heading toward, a point where inflation is coming down quickly"without a huge economic cost," like higher unemployment.
Ironically, it may end up being the Federal Reserve itself that pushes the economy into recessionary territory, Pollak said. On Wednesday, the Fed will announce its latest interest rate decision. If it raises rates by another half-point,, it will signal to markets that it remains concerned about inflation — even as investors elsewhere have indicated they remain satisfied with the current pace of slower price growth.
Source: Financial Digest (financialdigest.net)
Biden opened the borders. Put these people to work. Instead of giving them free hotel stays, free food, free healthcare, free education let them put what we are giving them back in the pot. Since they don't appreciate what is given make them work for it.
Fact check. We have the lowest workforce participation rate since 1977 supporting the highest welfare participation rate in history. This is classic wealth redistribution or Marxism.
We pay too many people to stay home. “ Enhanced” housing, food stamps, utility payments…..no skills anymore. Try finding an electrician in 5/years!
The 'recession' has been coming in 'two weeks' like Trump's healthcare plan and infrastructure work......Who writes this crap?
NBC....toting water again...
That low unemployment rate is a result of low workforce participation. And low workforce participation is pushing up wages. Those higher wages are causing higher prices. In other words: Low unemployment bad.
Unemployment rate excludes all those who have left the work force
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