Why a recession will strike in 2025, according to a veteran economist
The Fed deserves an "F" grade for its monetary policy over the past few years, top economist Steve Hanke said.
Jenny Chang-Rodriguez/BI
- The US economy is set to enter a recession by early next year, according to Steve Hanke.
- The economist pointed to a troubling trend in the money supply in an interview on YouTube this week.
- He predicted inflation will likely fall below 2% as economic activity slows.
The US hasn't dodged a recession, and the economy is slowing too quickly to nail a soft landing...
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