Listen To The Full Interview Below:
Larry Kudlow, host of Fox Business Network’s “Kudlow” joined the Guy Benson Show to react to the global economic effects of the Russia-Ukraine war and the new red hot inflation numbers, showing inflation reaching a four-decade high.
Larry gave his take on the latest inflation metrics saying,
“I’ll just tell you, guy, it’s going to be very difficult to stop this. Very difficult. It’s going to take several years. There’s going to be a lot of pain in the economy. Several years to get rid of this inflation. The target by the Fed is two percent. The question is in my lifetime, will we ever see two percent inflation again? That’s an important question, and it will not end well. It will end in a recession. I don’t know that that will happen this year, but 23 and 24 are pretty good. Recession target years.”