Meanwhile the Fed just indicated it likely won’t raise rates for another *three years,* given their expectations for how long it’ll take until the job market is sufficiently tight again Maybe Kudlow is using a different alphabet than the rest of us?

 

Meanwhile the Fed just indicated it likely won’t raise rates for another *three years,* given their expectations for how long it’ll take until the job market is sufficiently tight again
Maybe Kudlow is using a different alphabet than the rest of us?

— Catherine Rampell (@crampell) September 21, 2020