Reinhart Sees 2019 Slowdown as a Good Thing for U.S. Economy

The video discusses the anticipated economic slowdown in 2019, highlighting that it is a positive development given the high GDP growth in 2018. It examines the Federal Reserve's approach under Jay Powell, suggesting a collegial environment. The potential impact of raising interest rates on recession risks is also analyzed, with a focus on the current economic conditions and inflation rates.

According to the text, what is the potential consequence of raising interest rates?

What does the text suggest about the current state of inflation and its impact on economic activity?