Anonymous ID: ea5356 July 5, 2018, 9:59 a.m. No.2042266   ๐Ÿ—„๏ธ.is ๐Ÿ”—kun   >>2280

The U.S. central bank has been raising interest rates as it sees the economy growing and inflation meeting the Fed's 2 percent target. Fed officials have indicated they will be raising rates two more times in 2018, but the market has been skeptical, with traders assigning just a 51 percent chance of that happening.

 

The economy has "bumped against the proverbial labor wall," David Rosenberg, chief economist and strategist at Gluskin Sheff, said in his morning note Thursday. "Inflation pressures will intensify and the Fed will be forced to act more aggressively, just as has been the case in the past. There is no Presidential Tweet that will stop Mother Nature from taking its course."

Anonymous ID: ea5356 July 5, 2018, 10:03 a.m. No.2042323   ๐Ÿ—„๏ธ.is ๐Ÿ”—kun   >>2343

โ€œHow much might rising labor costs chew into corporate profits? How much will be passed through to customers in the form of higher prices? That remains to be seen," Baird said. "Rising labor costs will boost take home pay, but weโ€™re also all likely to see the effect in rising prices for goods and services."

 

Anyone see anything in there about concern for the 'workers' ability to make/save money?

I thought not.

 

Fuck corporate.

Work for yourself.