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Podcast: Money Life with Chuck Jaffe
Episode: ITR's Saidel-Baker: Inflation's going to get worse, but won't trigger recession
Description: Lauren Saidel-Baker, economist at ITR Economics, says the "green shoots have been forming" among leading economic indicators, showing that growth is ahead for the economy, along with a normalization as the last ripples of the Covid-19 economy are finally playing out. She expects the Federal Reserve to struggle or fail in its efforts to hit a 2 percent inflation target and thinks consumers should get used to higher prices, but even if tariffs add to upward pressure she thinks the economy can avoid a recession. Christian Munafo, chief investment officer at Liberty Street Advisors — manager of the Private Shares Fund — talk...