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To: All

A guy above is correct.

If these numbers were corrupt, they would have been presented in the other direction.

The Fed cutting interest rates is the signal of victory over inflation — but the Fed won’t do that if job growth is robust. The Administration would much more prefer to announce victory over inflation than a weekly uptick in jobs.


35 posted on 06/07/2024 7:00:27 AM PDT by Owen (.)
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To: Owen

I disagree. See my #30 and #36.

And don’t forget, the admin can still get the Fed cuts it wants later when the need suddenly arises to stimulate a slowing economy. The Fed loves “cover” to lower rates.


38 posted on 06/07/2024 7:05:31 AM PDT by Starboard
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To: Owen

You are not wrong BUT why do they keep releasing inflated numbers and then revising them down later. By your rationale, they could just release the actual numbers and take a victory lap. Why don’t they? I think it is because if they did, everyone would see that the inflation has nothing to do with job numbers and everything to do with the ridiculous spending.


47 posted on 06/07/2024 7:53:49 AM PDT by 1malumprohibitum
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