The Fed has a dual mandate. Maximum employment and price stability. It is 1 for 2 there. But the labor market continues to be incredibly tight and isn’t helping by producing broader inflationary pressure. 

Putting the password genie back in the bottle isn’t easy.  But it’s coming. 

The newest shiny objects in the tech world are any kind of artificial intelligence or AI chatbots. ChatGPT is the current darling with over 100 million users during January. Partnered with Microsoft which is pouring in $10 billion—it caused a Red Alert over at Google. 

Last year—one category stood out. Cryptocurrency. We saw spots from Coinbase, eToro, Crypto.com, and the star of the show, FTX.  Fast forward to Sunday. Not one crypto ad. Zero. Zilch. 

Companies are resorting to layoffs, buyouts, furloughs and other cost-cutting strategies ahead of a possible recession. More than 30% of workers reported less confidence in their job search.

Where are we in the inflation battle?  Fed Chairman Jerome Powell says there is more work to do.