Fed’s 50 Bps Cut: Will It Trigger Inflation AND A Hard Landing? Economist Steve Hanke Answers

Try InVideo for free at https://invideo.io/i/DavidLin and use the code DAVIDLIN50 to get 2x the video generation credits in your first month Steve Hanke, Professor of Applied Economics at Johns Hopkins University, recaps the latest FOMC decision to cut the Fed Funds rate by 50 bps, what how this decision will affect inflation, economic growth, and the labor market. *This video was recorded on September 18, 2024 Subscribe to my free newsletter: https://davidlinreport.substack.com/ Listen on Spotify: https://open.spotify.com/show/510WZMFaqeh90Xk4jcE34s Listen on Apple Podcasts: https://podcasters.spotify.com/pod/show/the-david-lin-report FOLLOW STEVE HANKE: Twitter (@steve_hanke): https://twitter.com/steve_hanke Email: hanke@jhu.edu FOLLOW DAVID LIN: X (@davidlin_TV): https://x.com/davidlin_TV TikTok (@davidlin_TV): https://www.tiktok.com/@davidlin_tv Instagram (@davidlin_TV): https://www.instagram.com/davidlin_tv/ For business inquiries, reach me at david@thedavidlinreport.com 0:00 - Fed's 50 bps cut 1:00 - Will inflation reignite? 8:00 - Labor market 12:30 - Why 50 bps? 16:45 - Fed balance sheet 20:24 - Dot plots 22:30 - Senators urge 75 bps cut 30:00 - Era of cheap money? 33:20 - Bond yields and inflation *This video is not financial advice. The channel is not responsible for the performance of sponsors and affiliates. #economy #investing #federalreserve