Economist Steve Hanke, Professor of Applied Economics at Johns Hopkins University, discusses why the Federal Reserve is staying put on rates while other central banks have been cutting. He forecasts when the Fed is likely to pivot, and what will happen to the economy before then.
*This video was recorded on June 10, 2024
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0:00 - Intro
0:40 - Labor market recap
4:47 - Deflation vs. inflation
10:06 - Fed policy outlook
14:50 - 2% inflation target
25:09 - Debt maturing
28:48 - Dedollarization
35:30 - Ukraine war
#economy #economics #investing
