Episode 12: The Fed Pivot: A Band-Aid on a Bullet Hole?
With ongoing uncertainty and volatility in the global economy and markets, the Federal Reserve looks to guide the US economy into the Promise Land of a “soft-landing”. The Fed believes that by increasing short-term interest rates, they will be able to lower inflation without compromising growth. On this episode of Breaking Bad Advice, Isaac and Joel question the Fed’s outlook, and point to data suggesting our destination may entail a bumpier experience. Will Jay Powell and the Federal Reserve be able to slap a band-aid on our economic wounds, or will only major surgery fix what ails this economy? Tune in to find out why the answer is the latter, and why that may not be such bad news after all!