More Work to do on Inflation: Bernstein

The video discusses the administration's efforts to control inflation through the Inflation Reduction Act, focusing on reducing costs for households. It highlights economic growth trends, housing price expectations, and the challenges in communicating these efforts. The video also covers US-China relations, emphasizing diplomacy, and debates recession predictions, analyzing current economic indicators.

What is the current state of the labor market as described in the text?

What challenges does the administration face regarding inflation messaging?

What is the outlook on a potential recession according to the speaker?