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How much power does the Fed really have?

Another month, another PCE report that put annual core inflation meaningfully above the Fed’s 2% target. The central bank has been fighting high inflation for more…

0:00 25:57

Episode Summary

Another month, another PCE report that put annual core inflation meaningfully above the Fed’s 2% target. The central bank has been fighting high inflation for more than five years now. At a certain point, you might start to wonder, does the Fed even have the power to fix it? Also in this episode: Consumer confidence…

Published August 26, 2026 · 25:57