The unfortunate irony is that to get inflation down, the Fed had to “cool” the economy by increasing interest rates (which it did many times in 2022 & 2023). Even at that, unemployment stayed surprisingly low.
The Fed began cutting rates in Sept. 2024.
/3 of 7🧵
#economics #USA
ˈdälfən™🐬 💥 🌊 /
npub17x…cdzht
2024-11-09 03:18:51
in reply to nevent1q…nlac
Author Public Key
npub17xfj72mkgqejgm5zxwa85078jz6wpapv4ec8tqtxs6tkgmg9w69sycdzhtPublished at
2024-11-09 03:18:51Event JSON
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