Are the Minutes of the Fed’s November 2024 FOMC Meeting Quietly Warning of a Potential U.S. Labor Market Collapse?

On Tuesday, the Federal Reserve released the minutes from its Federal Open Market Committee (FOMC) meeting held on November 6–7, 2024. These minutes offer a detailed glimpse into the discussions that shaped their monetary policy decisions. While the headlines highlight a cautious stance, Kevin Paffrath has raised serious concerns, suggesting that the Fed may be […]