Perhaps no single institution has more impact on the global economy than the US Federal Reserve.
And the $trillions in stimulus it and the other major world central banks have released since the COVID pandemic hit have made the system even more dependent upon its actions.
Which is why our financial markets are understandably obsessed with a single question:
What is the Fed likely to do next?
To help us answer that, former advisor to the Federal Reserve Bank of Dallas, Danielle DiMartino Booth,returns to the program in this brand-new interview.
And she drops some head-spinning news, including the warning that in all her years of working at and tracking the Fed, she’s never seen such destabilizing political infighting at the top as she does now.
When the world’s most powerful institution is at war with itself, will we all become collateral damage?