Post #45557 by Dope1 on the US Policy board

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Implied but not stated is "recession". I have no idea where the "everybody knows it" came from.

You mean besides your saying “other countries know it”. You realize that’s basically a distinction without a difference?

You believed the lack of an interest rate change by the fed implied they were not worried about recession,

The Fed’s job is to balance inflation and unemployment.

Inflation is handled by increasing rates and taking money out of the economy.

Unemployment is handled by lowering rates, thus lowering the cost of capital.

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