#劳动力市场 Seeing the Fed's recent actions, I have mixed feelings. This is the third consecutive rate cut, totaling 75 basis points. On the surface, it appears to be a continuation of easing, but the two lonely numbers in the dot plot — one rate cut in 2026 and another in 2027 — are the real signal. What does this indicate? It indicates that the Fed has reached the end of preventive rate cuts.
Do you remember that round in 2020? At that time, everyone thought liquidity would remain abundant, but what happened? Inflation came, followed by the aggressive interest rate hikes in 2022. History doe
Do you remember that round in 2020? At that time, everyone thought liquidity would remain abundant, but what happened? Inflation came, followed by the aggressive interest rate hikes in 2022. History doe
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