Simple answers to simple questions

The Fed has two jobs: (1) control inflation and (2) maximize employment. So how’s that going?

That's a change in tone from last week, when most Fed policymakers voted to leave their influential interest rate unchanged for the fifth time this year. Fed officials had been content to wait and see how tariffs were moving through the economy, but the July jobs report raised concerns that the economy wasn’t as strong as previously thought.”

The July jobs report? Is that the report that Trump called fake and fired BLS commissioner Erika McEntarfer for? 


If the jobs report is fake news, why not just “wait and see how tariffs [are} moving through the economy?

Oh yeah. Because Trump.

https://finance.yahoo.com/news/fed-officials-signal-possible-interest-153809624.html 

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