Hubbard Says Inflation War Not Over

The video discusses the current state of inflation and economic outlook, suggesting that while inflation may have peaked, significant challenges remain for the Federal Reserve to bring it down to target levels. The potential for a soft or hard economic landing is debated, with emphasis on the need to reduce aggregate demand. The Inflation Reduction Act is critiqued for its limited impact on inflation, despite its focus on green investments and business taxes. The Chips and Science Act is examined as a form of industrial planning, with potential risks and benefits for technology competition with China.

In what ways does the Chips and Science Act aim to enhance the U.S. economy?

How does the speaker assess the impact of the Inflation Reduction Act on inflation?

What role do applied research centers play in the context of economic development?