The Next Recession Could Come Courtesy of the Fed

Trumponomics · Oct 21, 2021 · 29m · transcript

Central bankers are in a precarious spot in this chaotic pandemic economy. U.S. and U.K. consumers are grousing about rising prices and want some relief. But if government officials give it to them by raising interest rates, they may set back the recovery. It wouldn’t be the first time an errant move by a central bank triggered a recession.

This week, Stephanie Flanders helps listeners navigate the perils of monetary policy with David Wilcox, Bloomberg’s director of U.S. economic research, and Jamie Rush, Bloomberg's chief European economist. Wilcox, who formerly directed the U.S. Federal…