012: Will the Fed's Response to Inflation be Enough with Andrew Opdyke

When you hear about CPI, data points, Federal Reserve minutes, and news reports pertaining to interest rates, how do you apply them to your life–and your portfolio? Making sense of the Fed and what it does isn't easy. That's why we talk to people like today's guest, Andrew Opdyke. Andrew is a Senior Economist at First Trust, where he researches and studies the Fed and its actions. In today's conversation, you'll learn what the Fed is trying to do to curb inflation (and whether or not it's working), the factors that led to a rampant inflation environment, and what we can expect to see our economy do, both locally and globally, in the years to come.   In this podcast interview, you'll learn: How we ended up with such extreme inflation over the last 2 years. Why the Fed is raising interest rates. How globalization and supply chain issues have shifted dramatically–and what to expect in the short and long-term. Why it's so easy to get caught up in economic downturns–and how to avoid making emotional decisions in the face of adversity. Why Andrew doesn't see a soft landing for our economy right now. Want the Full Show Notes? To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit SHPfinancial.com/podcast Connect With Us on Social Facebook LinkedIn YouTube