Apr 13, 2023
After a refreshing holiday weekend, the BLS is now releasing a ton of important economic data that the Fed will no doubt overreact to. What economic data might you ask? Well for one, jobs data came out on Good Friday, CPI came out earlier today, and retail sales will be released on Friday. In the last couple years, the Fed has been known to try and solve every little forecasted problem without considering the repercussion of creating other ones. Take the supply chain issues, droughts, fixed income portfolios for banks, etc. as an example. Like dude, just focus on your main objectives; inflation & employment.
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