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We are in a new era of higher inflation and the pressure is on the Fed! Inflation is running at 40-year highs and it\\u2019s coming from every angle: food, energy, services, goods, rents, and wages which are all increasing.
\\nIs the Fed up to the challenge? Can it rein in inflation without causing a recession? What can we expect as borrowers and investors?
\\nWe have lots of questions to ask this week\\u2019s guest but we know from his past performance he can take them all in stride.
\\nPaul McCulley is currently an adjunct professor at Georgetown Business School where he teaches a very timely multi-disciplinary course combining law, economics, monetary policy, global finance and behavioral finance.
\\nMcCulley says this Fed has the courage to defeat inflation despite recession risk.
\\nWEALTHTRACK #1842 broadcast on April 15, 2022
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