AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
The Fed's Rate Hike: The Fastest in 40 Years
Chris Leonard: "I wish we had tightened sooner. But I'm not kidding myself to think it would have made a big difference in where we are in inflation today" He says people don't appreciate the magnitude of what the Fed did over the last decade. The financial system globally has been built around extremely low, ultra low interest rates for 10 years," he says.