TSX:AX.P.E - Post by User
Comment by
Torontojayon Apr 10, 2024 10:04am
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Post# 35981007
RE:What I've been saying all along
RE:What I've been saying all along
garyreins wrote: https://www.marketwatch.com/story/this-jpmorgan-pro-says-the-fed-has-it-backward-rates-need-to-be-cut-to-lower-inflation-c1ea6c28?mod=home-page
No Gary. They have to hold rates high until a recession brings inflation down or they get a sudden boost in productivity. I highly doubt creating more government jobs is going to boost productivity so I lean towards the other scenario.