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NJ Spotlight News | State lawmakers brace for possible national default | Season 2023

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The uncertainty is trickling down into state politics
The video at the provided URL features an interview with Reitmeyer, who discusses the current state of the economy, focusing on inflation and the Federal Reserve's actions. Reitmeyer explains that inflation remains high, causing concerns among consumers and businesses. He notes that the Federal Reserve has been raising interest rates to combat inflation, but the effectiveness of these measures is still uncertain. Reitmeyer also touches on the potential for a recession, suggesting that while the economy is showing signs of slowing down, it is too early to predict the outcome with certainty. He emphasizes the importance of monitoring economic indicators closely in the coming months.

Read the Full PBS Article at:
[ https://www.pbs.org/video/reitmeyer-intv-1683742031/ ]