CNN CNN Newsroom With Poppy Harlow and Jim Sciutto December 28, 2021 15:20:00
Second, to be seen to be doing more about it. the worst thing is that inflation expectations go up, and that starts fueling inflation on its own. >> quite a statement, one of the worst calls in the history of the federal reserve. it seems to have increased your concerns about a recession. are you talking near term? >> yeah. so, what we worry about when central banks are behind on inflation and the fed is behind is they do nothing for a long time and then they overreact. think about it. they are driving the monetary policy car with their foot still on the accelerator. they still are stimulative...