We're back to revising inflation up & reporting it lower every month. Pretty guaranteed that economic growth is going to be revised lower after being reported higher. Still, inflation is at the historic 3.5% target. Economic growth is really government growth in the land of the liberal voting social conservative.
Balance sheet & broad fell below the strategically important 7 handle right near the start of the current bear market. It might be an unprecedented bear market set to continue until the balance sheet is 0 or it might not. Lions still feel at some point not far below the 7 handle, they'll have to stop tightening to hit inflation targets.
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