Brian Moynihan on the Record, The Cardboard Box Recession, and Billionaires’ Row 6/12/23
The Exchange
00:00
The Fed's Decision on Rates Is a Good View of Taming Inflation
The Fed's decision on rates is a good view of whether they're taming inflation. They needed to tame inflation. And that was a serious issue. If you look at what's happened, you're seeing the addition inflation tip over and start to come down. It's still too high relative to a long-term target of two. But our teammates think that the current rate environment basically holds.
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