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Recession Risks Double | Can Fed Pause Rate Hikes And Still Stop Inflation?

The Wolf Of All Streets

00:00

The Fed's Favorite Tool

The Fed's best tool, their favorite tool to use, the one that has the least economic consequences to it is jaw-boning. The inflation expectations measurements and polls is trending down. We're looking at a Federal Reserve who skipped in order to give them time to look at data. And so what does that mean? That means for these knuckleheads that if there's a short-term blip in data that makes something they need to fight inflation, they'll high rates next month.

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