kiwiberryman t1_j5ekp6o wrote on January 22, 2023 at 1:02 PM Reply to comment by Tasty_Environment852 in The dichotomy of FT by Johs92 The central banks are well aware. The fed, and bank of Canada main goal is 2% inflation and will raise rates until that is attained They have blamed the inflation on low unemployment and high wage growth, and so: higher spending So, I would say they are very well aware and have in a way even asked for these layoffs to happen, to bring inflation under control. Permalink Parent 6
kiwiberryman t1_j5ekp6o wrote
Reply to comment by Tasty_Environment852 in The dichotomy of FT by Johs92
The central banks are well aware. The fed, and bank of Canada main goal is 2% inflation and will raise rates until that is attained
They have blamed the inflation on low unemployment and high wage growth, and so: higher spending
So, I would say they are very well aware and have in a way even asked for these layoffs to happen, to bring inflation under control.