The Zalinsky Prank Interview

The fake interview happened in January. The Fed has kind of moved to recession mild recession anyway as its base case. Powell said that his policy is designed to cool the economy, right? We need to cool it down, right? And if we can cool off the economy, which cools off the labor market, that's gonna bring down inflation. That's what he told Zilinski. But you better believe they think it's gonna be awful because then they would say we're not gonna have one.