When unemployment rates were back down to the pre-covid 2020 levels, only time they were even lower was before the 1969 recession. When inflation was at the highest it's been since the 80s.
The statement & monetary policy decision was entirely appropriate at the time.
Re:U.S. Lost 32,000 Private-Sector Jobs in September, Says P...
by silisili on Wednesday October 01, 2025 @04:56PM
(#45443404)
Thanks!
I actually tried a brief search to get a more accurate time, but all the results were skewed heavily to the last few months so I gave up. I'm impressed you found it.
3 years ago. September 2022. https://edition.cnn.com/2022/09/23/economy/powell-fed-labor-...
When unemployment rates were back down to the pre-covid 2020 levels, only time they were even lower was before the 1969 recession. When inflation was at the highest it's been since the 80s.
The statement & monetary policy decision was entirely appropriate at the time.