Boxer: Mild Recession Looks Likely

The video discusses the Federal Reserve's commitment to controlling inflation, even at the cost of economic pain, as highlighted in the recent FOMC meeting. It explores the potential for a mild recession, debates on unemployment rates, and the impact on the housing market. The Fed's communication strategy and market reactions are analyzed, along with the implications for asset values and economic uncertainty.

What factors are contributing to the current state of the housing market?

How has the communication between the Federal Reserve and the markets been characterized recently?

What challenges do investors face in the current economic environment according to the economist?