In this episode, Michael Fox and Chris Temple of the National Investor discussed the recent Federal Reserve announcement and its implications on the economy. Chris pointed out the contradiction in the Fed’s stance on inflation and interest rates, and how this could lead to a potential recession. They also discussed the impact of tariffs on the economy and the potential for a “great stagflation.” Chris expressed concern about the Fed’s ability to control inflation and the potential for a “credit cycle” rather than a traditional business cycle. They also touched on the political situation in the US, with Trump’s influence on the Fed and the potential for a “fight” between Trump and the Fed.
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