ITM Trading: US Layoffs Spike, Ex-Fed Insider Urges Powell Needs ‘Big Boy Pants’

The Federal Reserve’s aggressive battle against inflation is facing renewed scrutiny, with some economists arguing that the central bank is prioritizing the wrong problem at the expense of American jobs and consumer well-being. Danielle DiMartino Booth, CEO and Chief Strategist for QI Research, is among those voices urging a course correction. In a recent interview with Daniela Cambone on ITM Trading, Booth made a compelling case for the Fed to shift its focus from combating inflation to supporting employment. She argued that the current inflation narrative is misleading, pointing to declining inflation rates, particularly in housing, and the weakening purchasing…