Fed Rate Hikes - What Loretta Meister Means

The real dichotomy seems to be on the growth side where many of these Fed officials, including Meister, are saying that we think there's going to be a recession or darn close to it. Loretta Meister said that business contacts in her district are preparing for one. So when does that happen? Right. And you spoke to Richmond Fed President Barkin just this past week and got some great insight from him. Let's listen to what he told us about Fed rate hikes.