One is given to understand that the gravely important gentlemen of the Federal Reserve-those Vulcan-like sentinels of fiscal rectitude-have, after much scowling at charts and sipping of lukewarm herbal infusions, deemed the American economy to be moderately unobjectionable. ๐ค
Growth proceeds, though not with the vim of a young cavalry officer, but rather the weary shuffle of a civil servant approaching early retirement. The labor market, they say, is slowing-perhaps overwhelmed by the sheer boredom of existing under such scrutiny. Wages, bless their hearts, are continuing to advance at a pace roughly comparable to a sleepy snail on a mild Tuesday. ๐๐ธ
Of course, should the benighted federal government decide to shut down (presumably to debate whether the flag is too red, white, and blue), the Fed warns this may โdrag on near-term GDPโ-a phrase so vague one suspects it conceals a committee bickering over biscuit selection.
The true piรจce de rรฉsistance? By the year 2028, inflation is expected to gradually return to 2%. Gradually. Like fog rolling over a golf course at dawn, or the dawning realization that your nephew Peter may never return from that ashram in Goa. ๐งโโ๏ธ๐
Risks remain, uncertainties loom, and the entire exercise feels less like forecasting and more like reading tea leaves-though with more PowerPoint and fewer gypsies. Alas, we march on, ever toward the soothing embrace of at least-number-close-to-what-we-want. ๐ซก๐

One can only assume that by 2028, we’ll all be too ancient or too digitalized to care. Until then: carry on, ye valiant bond traders, and keep the brandy decanter within reach. ๐ฅโจ
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2025-12-31 10:38