MSNBC The Sunday Show With Jonathan Capehart June 4, 2024 14:31:00
Exactly as you say, their goal is to prevent a recession but they can cause a recession. >> so then given the 0.7 5% raise in the interest rates, do you think the fed has gone too far? >> it is indeed. now ray some cells are still very low, by historic terms. and i don't think there's anything wrong with kind of moving interest rates back to around the levels they were before covid. as covid drifts away, especially in this context that we've had, high inflation. but if they keep raising 75 basis points as they call it, even a full percentage point at each meeting. there is definitely danger th...