Markets split as Powell admits recession is possible
NAB Morning Call
00:00
The Economy Is Not What We Want, Isn't It?
He was candid, and he talked about, you know, he will be very challenging to achieve a soft landing. So the equity markets will have listened to that, i'm guessing. But there as if youd like, no sort of unconditional commitment to bring inflation down at the cost higher unemployment. I mean, if the feds number one task is to get on top of inflation, they'll do whatever is necessary. The poor illagilities imagin demand down to net artifich in your sopressos sanit too strong. That's not our, that's not our policy choice.
Play episode from 03:43
Transcript
