Fight Inflation Without Recession? How Two Top Economists See It

Fight Inflation Without Recession? How Two Top Economists See It

By NPR

Protect jobs or how much you can buy for a dollar? It's up to the Federal Reserve, the nation's central bank, to strike a balance. Larry Summers, who worked in the Clinton and Obama administrations, says a recession is likely as the Fed tries to figure it out. Jared Bernstein, a top White House economist, touts the steps the White House has taken to boost the economy — but acknowledged that the administration has limited influence, even if it will bear the political responsibility.

This episode: White House correspondent Asma Khalid and chief economics correspondent Scott Horsley.

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