Fed Pivot, Inflation, and the Risk of Recession | Episode 164 | 08-26-2024
Is the Fed about to pull off the impossible—a perfect soft landing for the economy? Join Megan Horneman on this episode of “Markets with Megan,” where we discuss the recent Fed pivot that has everyone talking.
After the Jackson Hole Symposium, Chairman Jerome Powell hinted at potential rate cuts in the upcoming September meeting. We address three important questions: Is inflation truly under control? How aggressive will the Fed’s next moves be? And has the Fed successfully navigated us toward economic stability without a recession?
We’ll explore the balance the Fed must strike between curbing stubborn service-side inflation and responding to a weakening labor market. With the next labor market report set to be a game-changer, will the Fed opt for a cautious 50 basis point cut? Equity markets are optimistic, but economic data casts doubt.
Key takeaways:
** Fed’s upcoming rate cut expectations and the September meeting.
** The current state of inflation and the labor market.
** Economic indicators and the possibility of a recession.
Stay tuned for more insights on how these developments could impact your investments and the broader market. Don’t forget to like, subscribe, and hit the notification bell to stay updated with the latest episodes. For more in-depth discussions, visit marketswithmegan.fm
