
Howard Marks LIVE (Replay) with Barry Ritholtz (Podcast)
Masters in Business
00:00
The Fed's Tough Job Is to Manage Inflation
The Fed has a tough job. It's supposed to manage inflation and keep it under control, which means that the economy shouldn't get too hot. There are now a lot of people who think that the Fed job is to prevent a recession and the declining stock market. I don't think Jay Powell certainly feels the latter.
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