Fed’s 50 Bps Rate Cut: Will It Trigger Inflation AND A Hard Landing? Economist Steve Hanke Answers

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Steve Hanke, Professor of Applied Economics at Johns Hopkins University, recaps the latest FOMC decision to cut the Fed Funds rate by 50 bps, what how this decision will affect inflation, economic growth, and the labor market.

*This video was recorded on September 18, 2024

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0:00 - Fed's 50 bps cut
1:00 - Will inflation reignite?
8:00 - Labor market
12:30 - Why 50 bps?
16:45 - Fed balance sheet
20:24 - Dot plots
22:30 - Senators urge 75 bps cut
30:00 - Era of cheap money?
33:20 - Bond yields and inflation

*This video is not financial advice. The channel is not responsible for the performance of sponsors and affiliates.

#economy #investing #federalreserve