The Federal Reserve and the Economy

Lyle Brainerd is the heir apparent to be the next Federal Reserve chair that tees up again in 2026. President Biden appointed her to be his director of national economic council and she's now running the treasury for him. We're at about 5% core inflation way too high given our growth rates, he says. If we have a bad recession over the winter and in the spring as long as it's over by spring of next year that gives plenty of time for the government to you know hand out more helicopter money said Obama.