"There will very likely be some softening of labor market conditions," Powell said on Wednesday. "We will keep at it until we are confident the job is done."
https://www.cbsnews.com/news/fed-interest-rates-unemployment-inflation/
It's so reassuring to know that the people responsible for managing our national economy are hard at working making sure more people become unemployed ("softening labor market conditions"). Heart-warming stuff, that.
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@GuerillaOntologist it'd help if the mainstream media pushed back against the lie, but #capitalism runs the press.
Here's an alternative view. https://inthesetimes.com/article/inflation-federal-reserve-policy-recession-class-war
