The Fed's Dual Mandatory on Inflation

The market is interpreting his cmmentary to mean the interest rates, or at least the feds view of interest rates going forward, is that they're going to be higher for longer. So i think that's why we saw that sharp sell off in the market place. Our own Economics team just recently put out kind of their up dated forecasts,. and so looking at our g d p expectation for this year and next, yet, we are seeing a slowdown. And then we do look for g d p to continue to decelerate then going into next year, now down to one point two %. If there is going to be a recession, our view is that recession probably would occur ye

Transcript

Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!

Get the app