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SunsetKittens t1_j1akmzu wrote

Reply to comment by [deleted] in The US economy grew much faster than previously thought in the third quarter by barrinmw

I don't know. We'll see what the latest inflation numbers say later this month. Remember the Fed targets inflation - a cooling or cooking economy is just collateral.

If the inflation numbers come in good we may be seeing the super soft landing economists dreamed about. We might get good GDP growth and a pause in rate increases.

This news is not necessarily bad.

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3v01 t1_j1alj9x wrote

Exactly. The fed isn’t pushing for a recession. They’re pushing for inflation to come down. This number doesn’t mean a whole lot to them assuming inflation continues how it did last month.

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