On October 24, 2022 AAEA has shared its analyses, and predicted, based on logic, and data that the next choice of macro policy will finally lead towards keeping the employment instead of pressing further with hiking the interest rate at all cost. Our simple analyses using Econ 101 shows that, given what is happening in Europe, Americans will be much better-off to pay a little higher price at the grocery stores against losing their jobs. These analyses have been proved to calm down the Wall Street, help law makers to understand the issues, and shed the light to the Labor Secretary.

After we published the analyses, the DOW has consecutively move upwards for 4 days in a row. Another AAEA article written on October 26, post a question of why the US cannot produce more goods and services, which in-turn will be able to manage the inflationary situation, by increasing the aggregate supply from S1 to S2. This movement reflects by a gradual increase on national output from Q1 to Q3. A better-than expected growth on US GDP was reported on October 27, which in-turn have proved that the economic growth is moving toward the right direction. According to AAEA analyses, these movements have helped suppressing the inflationary pressures. With all these facts and analyses, the US consumers need to know that the economic policy from the current administration is working. Nothing will go a hundred percent perfect–but most Americans prefer to have their jobs, and will to pay a little higher grocery price, rather than being unemployed.