How High Will Rates Fly?
Real Vision: Finance & Investing
00:00
Is a Recession Inevitable for the US Economy?
If we have an oil price shock, when unemployment is at its lowest level in 50 years, it's going to be devastating for inflation and for the US economy. I agree with you, Maggie, that's what the Fed has been very limited impact. And so the Fed is going to have to apply the brakes much more forceful manner. The need to think about the economy is going to be a little bit more effective on the recession.
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