Bloomberg Article: https://www.bloomberg.com/news/articl...

As you know, the Fed has a dual mandate and pretty narrow focus. Their eye is on only two prizes – inflation and jobs. (You didn’t know? Check out this blog.) Now that we have our first official “weak” jobs report, some folks are saying we can put a fork it – the fed is done with rate hikes. A cooling or cooler or maybe just less-hot jobs market allows the Fed to stop jacking interest rates. Their goal is a soft landing, after all. This means they combatted and defeated inflation without breaking the workforce. We are the workforce. You and me. Without breaking us.