#shorts On 11/14/2022, Senator Kennedy questioned FDIC’s Gruenberg, Fed’s Barr in Banking. Kennedy asked, “can you tell me given the path we’re on how high unemployment is going to go in order to get inflation down?

Barr: I think we’re going to see unemployment go up but I don’t have a precise.

Kennedy: duh I think you’re right I don’t mean to make life of you can you give me any prediction how high I mean summers is and infirming or saying it’s going to have to go through the roof?

Barr: I I have seen a wide range of predictions about that and as well data data dependent we’re going to see how the numbers come in and unemployment is obviously an important factor we’ll look at.

other clips of this published longer video is here: https://youtu.be/XqdC-eVAeAI
how high unemployment to get inflation down? Duh I think you’re right I don’t mean to make life of you