Tariff-ied: Fed Outlook Remains 'Cautious'

Episode Transcript

Speaker 1 (00:00):
The minutes from the fed's latest meeting show continued concern
about tariffs causing higher inflation, with some forecasts even suggesting stagflation.
Financial planner Richard Rosso isn't sure about.

Speaker 2 (00:10):
That stagflation is to do with rising unemployment and rising inflation.
We don't have either, so I don't know when they
change the definition of stagflation. But it's definitely not.

Speaker 1 (00:22):
That the markets are not expecting a rate cut at
the fed's next meeting in June. President Trump met with
Federal Reserve Chair Jerome Powell this week. Coryolson, who's Radio
seven forty KTRH