Want to create an interactive transcript for this episode?
Podcast: Money Life with Chuck Jaffe
Episode: The Fed's cure for inflation might kill global economic growth
Description: Giles Coghlan, chief currency analyst at HYCM, says that the economy is reaching a turning point where the Federal Reserve must consider slowing interest rate hikes or risk that those increases will kill off economic growth. Coghlan notes that while all central banks are dealing with this now, the US economy will have the largest impact on the potential for a global recession. Also on the show, Dan DeYoung, portfolio manager for Columbia Threadneedle's floating rate and high-yield bond funds discusses how rate hikes are impacting the credit markets and whether higher rates will trigger significantly greater levels of c...