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MNI PODCAST: FedSpeak-Haslag Says Fed Catching Up To Inflation

(MNI) WASHINGTON
EXECUTIVE SUMMARY
  • Ex-Dallas Fed economist Joseph Haslag tells MNI Powell's message was loud and clear and helps the Fed get ahead of the inflation problem.
  • Haslag says chances of recession are fairly high given the prospect of below-trend growth for some time.
  • "The whole soft landing business is really about fairly fine-tuning points about whether we’re above zero or below zero."
  • He thinks the Fed will do another aggressive 75 basis point hike in September in order to further frontload hikes.

Listen to full podcast here.

MNI Washington Bureau | +1 202 371 2121 | pedro.dacosta@marketnews.com
MNI Washington Bureau | +1 202 371 2121 | pedro.dacosta@marketnews.com

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