Introduction

Jerome Powell is the head of the Federal Reserve in the US. He hit him up with another 0.75 of a percent, which is pretty radical. It's really got him all the chins wagging in that. And he sort of made an indication that at the end of the day, ruthlessly, he doesn't give a shit whether a recession turns up or not. How influential is that on our Reserve Bank government? Let's just talk about that whole concept. Should we have a recession? Great question.