re: CPI comes in hotter than expected, futures down 1%+

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Everyone seems to agree that inflation is high and continued to climb, but few on here seem to agree with the jobs numbers being strong. People need to understand they’re pretty correlated.

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We lost a big chunk of the labor force in 2020 when things were ripping. The "job loss" has already happened... you can't find people now for more specialized roles in my experience. So if you're the fed do you keep pushing at the risk of going overboard and causing a huge crisis, or do you start to lower rates for some shorter term relief and hope everything else catches up?

The current situation is unlike any other in our lifetimes and everyone should be wary of anyone claiming to know what is going to happen over the next couple of years.