Who gives af dawg no one can afford anything!

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You’re leaving out the part where global persistent inflation due to the Iran war + lingering effects of Covid stimulus are also driving up bond yields and basically forcing the Fed’s hand. It’s not simply like “the economy is too good” lmao

9

Unemployment isnt the only number you look at to see whether significant amounts of the population are able to keep and hold jobs, nor does it show whether or not people are able to afford anything. Also, jobs growth being strong for a single month in the past year and a half isnt proof that the economy is doing well, it just means that we had one good month that will probably get its numbers revised down.

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Did you just completely ignore the post above me that said why? In case you missed it, persistently high inflation since the end of covid that has since increased due to the Iran war means that they kind of have to in order to get inflation back down to the target 2%. Having inflation over 3% for the past 5 months is not good.

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