Econ Megapod: The Debt Ceiling Is Dumb, and the Inflation “Crisis” Might Be Over
Plain English with Derek Thompson
00:00
Navigating Economic Uncertainty
This chapter explores the implications of the Federal Reserve's recent interest rate hike amid ongoing discussions about inflation and fiscal policy. The speakers analyze trends in inflation and employment, reflecting on the complexities of the current job market and the stability of wage growth despite economic challenges. They also debate the likelihood of a 'soft landing' for the economy, where inflation stabilizes without triggering a recession, amid mixed signals from various economic indicators.
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Transcript
