CNN New Day With John Berman and Brianna Keilar June 4, 2024 12:39:00
Like you're almost in recession, the bank of england saying maybe there's a big recession coming to curb inflation and the fed was tightening. it's a very unusual circumstance. it's a perilous one. i think it's unavoidable for a recession. >> you laid out a policy double-blind. you're saying because the stimulus payments are tapering off, people are suffering, less disposable income but you say the stimulus payments led to the inflationary environment. what's the right policy course? if you were on the fed today, what would you recommend? what would you do? >> well, i'd be doing what the fed's...
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