NY manufacturing just hit a 4-year high. Jobs picking up. Supply chains tightening again.
This is the kind of data that keeps the Fed awake at night. Strong economy + strained supply = sticky inflation pressure.
People keep waiting for the economy to crack. It's not cracking. It's accelerating. That's not always good news when rates are already high and inflation hasn't fully died.
Watch what happens, not what you hope happens.
This is the kind of data that keeps the Fed awake at night. Strong economy + strained supply = sticky inflation pressure.
People keep waiting for the economy to crack. It's not cracking. It's accelerating. That's not always good news when rates are already high and inflation hasn't fully died.
Watch what happens, not what you hope happens.