Are we worried about inflation yet? It does seem a little weird to be talking about lowering rates with stocks soaring and jobs exploding.
I am not downplaying how good the markets seem, but this does not make sense to me.
Soaring stock values does not equal inflation. Stock values are subject to speculation pressure, the economy is not. That’s why the markets flat-lining in 2018 wasn’t a big deal, the economy was great, speculation pressure held the markets back.
No worries about inflation yet - in fact the Fed needs to drop the rate a bit in July to help stave off a serious slowdown or beginning of a recession...the fed tends to cause the recessions it then claims to be fixing and they jumped the gun, bigly, when they started some concerted rate hikes last year.