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Recession Already Here? Fed’s Next Move Could Be a Catastrophic Mistake | DiMartino Booth
The Fed just froze rates at 4.25%–4.50%, but Chair Jerome Powell openly admitted uncertainty about what hits next—surging inflation or rising unemployment. In this urgent post-FOMC breakdown, Danielle DiMartino Booth, CEO of QI Research and former Fed insider, joins Kitco News anchor Jeremy Szafron to expose why the central bank may be dangerously behind the curve.
DiMartino Booth warns that Main Street is already feeling the pain—bankruptcies are rising, credit is tightening, and job losses are building. She explains why the Fed is relying on outdated data while ignoring real-time economic cracks, and what this means for your money.
She also weighs in on speculation that the Fed could resume Treasury purchases and explains how China’s massive new stimulus may throw a wrench into U.S. monetary plans. Don’t miss this critical analysis from one of the Fed’s sharpest former advisors.
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