Inflation Sentiment Shift
Despite a recent improvement in market sentiment on inflation, Ben Shapiro highlights that the threat of inflation has not passed. The real question lies in the baseline level of inflation after the Fed's efforts to cut it down. With underlying inflation far above 2%, a recession may be necessary to bring it back down. Title: Fed's Shifting Priorities Topics: Fed, Recession, Inflation Summary: Ben Shapiro discusses how the Fed's priorities have shifted from focusing on recession to tackling high inflation. In the past, a recession was seen as a policy error, but with inflation above 2%, it may be necessary to address it even if it means a recession. The traditional "Fed put" is no longer applicable in the current economic landscape.In this clip
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The Ben Shapiro Show
Joe Biden’s Economy Is In Flames | Ep. 1534
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