Fed Needs to Hike at Least 200 Basis Points: Blinder

The video discusses the current state of inflation, its causes, and the impact of global events like the war in Ukraine on energy and food prices. It examines the Federal Reserve's economic projections and the challenges in achieving a soft landing for the U.S. economy. The discussion includes recommendations for monetary policy, emphasizing the need for interest rate hikes to combat inflation.

What factors are contributing to the current inflation situation?

How does the war in Ukraine affect global food and energy prices?

What are the Federal Reserve's projections for inflation and unemployment?

What does the term 'soft landing' refer to in the context of the economy?

What challenges does the Federal Reserve face in achieving its economic goals?