Page 39 - Jeff Stein News Today : Breaking News, Live Updates & Top Stories | Vimarsana

The fed would like. the fed has a mandate to get inflation to 2%. we're seeing correlation maybe 3.4% down from four. it is heading in the right direction. but yes, there is a building chorus particular lead to the left of people who are saying that we have achieved this huge labor market success of people floating back into work. we've not seen this in decades. and the fed is determined to get the inflation amber down to 2%. is there a risk now that number, the drop to get to 2% will cross the labor market gains we've seen? that's something we're going to be watching very closely, and as high...

Wages are up and corporate profits are soaring. and according to morgan stanley's top economists than the u.s. will dodge a recession. this is backed out this week by fed chair jayne powell who said wednesday that the federal reserve is no longer forecasting a recession. according to my next guest this string a positive elements could reshape a political landscape that for more than two years has been defined by republican accusations that biden is mismanaging the economy. joining me now is white house economics reporter for the washington post, personal work that story, jeff stein. jeff, welc...

Forecasting a recession. >> yes. and i want to, say you, know in this business as you know, you jump around crisis to crisis. baking prices coming in strikes and debt ceiling catastrophe is just one thing after another, it's so bizarre but so welcome to say hey this is actually a good moment that seems to be in the goldilocks iteration will change a few months. but we're looking for a soft landing it's like a pillowy landing. >> you just continue economics term. killer landing. but jeff, given all this great stuff you are reporting to us, if the economy is so great then why did the federal res...

Reporter for the washington post, jeff stein. thank you very much for coming to the sunday show. >> thank you, so much jonathan. >> up, next a critical moment for black americans right now as our education, history and rights are under attack. my next guest explains how and why this battle can be won again. stay with us. is so rich, so c reamy, it tastes totally off-limits. but with only 4 grams of net carbs in every delicious serving, you've got the green light. better starts with breyers. at pnc bank, you can find us in big cities and small towns across the us, where our focus is to always s...

When we work, wear to, work the way we build our buildings, our cities, also some things we can do about. it but we have to start right now. and we have to get our arms around how big it is because we just don't have that sense. yet >> i asked that question because there's a story in the paper today, the washington post, about how we these incredible heat waves that we're going through around the world's leading to an increase in the use of fossil fuels. >> yes, half -- we kathy baughman mcleod, thank you for coming to the saturday show. >> thank. you >> that will do it for. me tune in tomorro...