A top economist nicknamed the 'Money Doctor' gives the Fed a failing grade when it comes to taming inflation and saving the economy

Steve Hanke, professor of applied economics at Johns Hopkins University. (Credit: Bloomberg contributor)

Good morning,

While recession talk seems to have receded in some corners, 56% of CFOs surveyed recently expect a recession in the second half of 2023. One prominent economist agrees—and has a scalding take on how the Fed has mishandled the economy, not once but twice.