Inflection Point cover image

Powell Raises Rates To A 22-Year High, Is This The End? | Jim Bianco

Inflection Point

00:00

The Importance of Questioning the Fed

Mike Downey: There was actually a very probing question. How much of what we've seen in the decline of inflation has been really a reversion back to something close to a pre pandemic level of 2% inflation? He says it's like asking your barber if you need a haircut, and he'll say all the good stuff is him and all the bad stuff with somebody else. Jones: And by the way, let me let me throw a bone out at some of the reporters. They don't know the list. So when Michelle Smith, the head of public relations over at the Fed says, okay Mike you're up,. Okay, you better stand up and start babbling

Play episode from 43:15
Transcript

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app