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MoondropS8 t1_jad2mki wrote

Reply to comment by PAM111 in The Fed is yet to catch up to the Taylor Rule estimate by Surlax

You’ll have to wait until unemployment gets bad to call it that

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goldenloi t1_jad9vra wrote

A lot of people think the current numbers are BS, myself included. At very least, they don't reflect the true state of the employment market because of the way they are calculated.

But you're right. I think it will get there in the second half of this year.

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phony_squid t1_jadcy2i wrote

That’s what I’m waiting for. I’m not worried until or unless unemployment really heats up. The way I see it, the economy is currently working for almost everybody.

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PAM111 t1_jad2u8g wrote

Technically true. I believe we've locked in conditions that ensure this. Fed is too pussy footed to do what's needed. Remember transitory?

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