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fun__friday t1_j34nl2m wrote

Reply to comment by LazyPiece2 in US jobless claim applications fall to lowest in 14 weeks by AudibleNod

They have targets for both inflation and unemployment. People have been hopeful that inflation is decreasing, so rate increases will slow, but job market numbers like this kinda make it unrealistic.

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halt_spell t1_j35kf6h wrote

Inflation already happened. Take a look at all the billionaires and trillion dollar companies. What they're trying to prevent is that money from bleeding out to the 99% where it will be used to pay off debt which the U.S. economy relies on in order to continue to exploit labor.

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fun__friday t1_j35oqhw wrote

As in their goal is to get inflation below X% and get unemployment rate above Y%. I don’t think either of these goals have been met yet.

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