FOX Business' Edward Lawrence sits down with San Francisco Federal Reserve President Mary Daly to discuss inflation and the U.S. economy under President Biden.
Former Council of Economics Advisers Chairman Kevin Hassett discusses Fed Chair Powell's testimony on Capitol Hill, Biden blaming Putin for price hikes, oil executives meeting at the White House and recession risk in the U.S.but a 75 basis point increase is the "projected path."
When FOX Business’ Edward Lawrence asked if the 3% GDP federal funds rate would be enough to bring inflation back in check, she responded: "It’s enough to get us started."
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