QE til 6.5% Unemployment? How’s 2018 sound?


Source: Hamilton Project

 

 

Last night, I tweeted this graphic of the job creation required to get to 6.5% unemployment. (Hat tip Dylan Matthews)

At 150k new jobs per month, this implies that we have QE until 2018.

For those traders afraid of the end of QE — you have some time to  worry about it . . .

 

 

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