The Deeper Dive: Summer pressures on inflation are still building; unemployment, not so much.
Which means there is a little less incentive for the Fed to cut rates and a little more pressure to keep rates up.
Since jobs and inflation are back on the menu today, I’m going to lead off with part of an article by Mike Savage. It says the same thing I’ve been writing about jobs, but sometimes it’s good to hear it summarized from another source as confirmation, especially when so much of what we are constantly being told is realit…
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