EPISODE · Feb 14, 2024 · 28 MIN
Between a Rock and a Hard Place
from Money Metals' Weekly Market Wrap Podcast
The Federal Reserve is between a rock and a hard place. It needs to cut interest rates because this debt-riddled economy can't function in a high-rate environment. But it can't plausibly cut rates with price inflation still far above its target. As Mike Maharrey explains in this episode of Money Metals' Midweek Memo, the Fed is damned if it does and damned if it doesn't.
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Between a Rock and a Hard Place
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This episode was published on February 14, 2024.
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