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The week's question
In December 2024, in the thread "Re: BRK: Why Not XOM?", BreckHutHigh asked the members: "What about the long road trips with kids?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
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Halls of Shrewd'm / US Policy
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Author: Dope1 ⎊  😊 😞
Number: of 84359 
Subject: Re: Trade talks with China set to begin
Date: 05/08/25 12:22 AM
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The Federal Reserve kept interest rates at the target range of 4.25% to 4.5% at the conclusion of its May meeting. The policy-setting Federal Open Market Committee noted that “the risks of higher unemployment and higher inflation have risen.”

Yes. And?

It sounds like you don't disagree with the facts (inflation and gdp), but rather the importance of that data. OTOH, it appears the FOMC is taking them very seriously.

You’re the one who made the claim that the economy is teetering on the edge or something. It’s up to you to prove that.

If the Fed truly believed that we were on the edge they’d be taking different measures.

But since they did…nothing…I don’t think they agree with you.
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This community has written 84,309 posts about US Policy. The article-length ones it recommended most:
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