Sen. John Kennedy Says the Fed's 2% Inflation Rate Goal Would Require a 10.6% Unemployment Rate

1 year ago
1.59K

Sen. John Kennedy Says the Fed's 2% Inflation Rate Goal Would Require a 10.6% Unemployment Rate

"When you're slowing the economy, you're trying to put people out of work...To get inflation down to 2.2%, based on history, unemployment would have to go to 10.6%."

https://twitter.com/TheChiefNerd/status/1633243680986234880

@ChiefNerd

Loading 7 comments...