Guggenheim's Minerd Says Tariffs Will Deepen Recession by Raising Inflation

The transcript discusses the potential timing of a recession and the factors that could influence it, such as tariffs and Federal Reserve policies. It highlights the impact of tariffs on inflation and how this might lead the Federal Reserve to raise interest rates, potentially causing a more severe recession. The discussion also covers the concept of the neutral rate and the implications of policy tightening. Additionally, the effects of tax cuts on economic growth are examined, noting that growth may slow as the impact of tax cuts diminishes.

In what way do tax cuts influence economic growth according to the speaker?

What challenges does the Federal Reserve face in communicating its policies during economic fluctuations?