AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
2min chapter
Jay Powell’s Plan To Kill The “Fed Put” | Danielle DiMartino Booth
Forward Guidance
The Fed's Way of Raising Interest Rates
I agree with you and Edward Chancellor's new book, Price of Time. He quotes Walter Badgett, saying like, if there's one thing John Bull can't stand, it's 2%. And that being when interest rates go to 2%, people go crazy and they do all sorts of things. So I get that argument, when the Fed cuts, it doesn't want you to shouldn't cut to zero. That causes all sorts of problems. You should cut to 3% or some type of higher level, a higher floor. But why if the economy is bad as you say, why would the Federal Reserve continue to hike in July and September? I don't think they're hiking
00:00
Transcript
Episode notes
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode