This chapter discusses the current situation in the bond market, choices between inflation costs and borrowing costs, and the impact of personal finance on spending. It also includes an interview with the president and CEO of Enterprise Mobility, formerly known as Enterprise Holdings, where they discuss the company's various business lines and emphasize their embrace of electric vehicles.
Bloomberg News Chief Correspondent for Global Macro Markets Liz McCormick explains why the Federal Reserve’s policy statement is setting up to be the No. 2 event on Wednesday, with investor focus instead likely to be on the Treasury Department’s new borrowing plan, due hours ahead of the interest-rate decision. Bloomberg News Personal Finance Reporter Claire Ballentine talks about how the Fed’s fight against inflation is rattling middle-class Americans. Enterprise Holding CEO Chrissy Taylor discusses the car rental provider rebranding as Enterprise Mobility. And we Drive to the Close with Max Wasserman, Founder and Senior Portfolio Manager at Miramar Capital.
Hosts: Carol Massar and Tim Stenovec. Producer: Paul Brennan.
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