Odds of an Economic Soft Landing Aren't Good: Jacob Lew

The video discusses the Federal Reserve's approach to managing interest rates, with potential hikes up to 75 basis points. It explores the dual risks of recession and inflation in the US economy, emphasizing the Fed's focus on both. Global events like the Ukraine war and COVID-19 impact economic conditions, complicating monetary policy. The Fed aims for a soft landing, though it's challenging. Inflationary expectations and monetary policy's role are highlighted, with the Fed balancing full employment and stable inflation.

What global events are mentioned that could impact the economy?

What challenges does the Fed face in balancing employment and inflation?