Mises Wire
Author:
Daniel Lacalle
Online Publish Date:
If there is something that is evident, it is that the United States does not need a rate cut. With the economy growing at 2.1%, unemployment at 3.6%, creating 170,000 jobs per month, and estimated underlying core inflation of 2%, no objective data justifies cutting rates that are already artificially low. Wages are rising by 3% and credit growth