Bryson: Fed Does Not Have Confidence

The video discusses the current economic expansion and the Federal Reserve's focus on inflation as they approach their next meeting. With a potential 75 basis point rate hike expected, the Fed is cautious about its impact. The discussion also covers the challenges of achieving a 2% inflation target and the possibility of a paradigm shift towards higher inflation and lower growth.

What challenges does the Fed face in achieving a 2% inflation rate?

How might a deep recession affect the inflation rate according to the discussion?