Recession Is Next & Rate Cuts Won’t Help, Here’s Why the Fed Has It All Wrong – Steve Hanke скачать в хорошем качестве

Recession Is Next & Rate Cuts Won’t Help, Here’s Why the Fed Has It All Wrong – Steve Hanke

Michelle Makori, Lead Anchor and Editor-in-Chief at Kitco News, interviews Steve Hanke, Professor of Applied Economics at Johns Hopkins University. Hanke weighs in on the Federal Reserve’s aggressive move to lower its benchmark rate by 50 basis points – the first cut since 2020. Hanke criticizes the Fed, stating that the U.S. central bank is flying blind by ignoring the M2 money supply metric. He sees the Fed’s continued shrinking of the balance sheet as a contradiction to its oversized rate cut. Hanke warns that the U.S. economy will enter a recession later this year or at the start of next year. He also projects the timing when the Fed will kick off its quantitative easing cycle and breaks down what it will mean for the U.S. equity market and commodities, including gold. This video is brought to you by Goldback --- Inflation-resistant, 24K gold currency. Protect your purchasing power, grow your wealth annually, and spend at over 2,000 businesses. Learn where to get Goldbacks at https://www.goldback.com/ Follow Michelle Makori on X: @MichelleMakori (  / michellemakori  ) Follow Kitco News on X: @KitcoNewsNOW (  / kitconewsnow  ) Follow Steve Hanke on X: @steve_hanke (https://x.com/steve_hanke) #Fed #recession #economy 00:00 Coming Up 01:15 Introduction: The Fed 03:06 Analysis of the Fed's Rate Cut 06:09 Monetary Policy and Money Supply 08:11 Economic Outlook 10:36 Impact of Money Supply on Inflation Explained 17:21 Central Bank Policies 31:58 Fed's Actions 33:26 Economic Slowdown 34:59 Housing Market Trends 37:52 Equity Markets 39:56 Commodities & China 41:18 Gold Market Dynamics 43:58 Geopolitical Tensions and Market Implications __________________________________________________________________ Kitco News is the gold standard in precious metals, commodities, cryptocurrencies, mining, and financial news. SUBSCRIBE to our channel to stay up to date on the latest market and industry news. For breaking news, views, charts, and data on precious metals, cryptocurrencies, and financial markets - visit us at https://www.kitco.com To get market updates on the go, download the Kitco Gold Live! APP - https://applications.kitco.com Stay connected: Twitter -   / kitconewsnow   Instagram -   / kitconews   Facebook -   / kitconews   LinkedIn -   / kitconews   StockTwits - https://stocktwits.com/kitconews Live gold price and chart: https://www.kitco.com/gold-price-toda... Live silver price and chart: https://www.kitco.com/Silver-price-to... Live crypto market data: https://www.kitco.com/price/crypto/ Learn more about Kitco News: https://www.kitco.com/news/about/ For more information on advertising, sponsorship and marketing promotions – please visit our online media kit at: www.kitco.com/advertising Disclaimer: The videos are not intended to provide trading advice, and the views expressed do not necessarily reflect those of Kitco Metals Inc. Kitco News, its anchors, producers, and reporters are not responsible in any way for the performance or actions of any sponsor, advertiser or affiliate of Kitco News. In no event will Kitco and its employees be held liable for any indirect, special, incidental, or consequential damages arising out of the use of the content in this video.