Swonk: The Fed's Focus Is Squarely on Inflation

The video discusses the Federal Reserve's current economic challenges, focusing on inflation and the lack of good options. It highlights the Fed's strategies, potential outcomes like higher unemployment, and risks such as triggering a credit market crisis. The discussion also compares the current situation to past economic events, emphasizing the complexity of today's global environment.

What challenges does the Fed face in calibrating the next recession?

In what ways does the current economic situation differ from the 1980s according to the text?