🚨 BREAKING: Economist James E. Thorne says the Fed is “on the wrong track” with its latest policies.
⚠️ Thorne argues inflation is being driven by supply-side pressures — energy, housing shortages, production cuts and tariffs — not simply excess demand.
📉 With full-time employment declining and housing under pressure, further rate hikes could weaken productive investment in AI, data centers, energy & infrastructure.
🔥 Key question: Is the US economy overheating — or undergoing a structural transformation?
#Fed #Inflation #Economy #Markets

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