Quote Originally Posted by palmerq View Post
U.S. Employers Keep Hiring, but Signs of Easing Are Seen https://www.nytimes.com/2023/03/10/b...JNWJDJ69qt54q4

Should be good news for Americans but as we are all still in bizzaro world, this is bad news, Federal reserve to keep up the rate hikes and increase the recession chances?
They'll err on the side of too high rates to kill inflation even if the rates cause a recession. If inflation doesn't abate they'll deliberately raise rates high enough to create a recession big enough to flatten inflation.