Janelle Jones: Does the strength and the continued strength, I should say, in the labor market, plus the bounce back that we've seen in the equity market kind of give Jay Powell some breathing room to be more hawkish as you guys were talking about earlier? She says there is some concern that the higher interest rates could hurt the labor market. Jones: But if you get those kind of remarks, you'll be coming in at a woman where you're going to put them in rate is at 3.4%.
Bloomberg News Economics Reporter Jonnelle Marte discusses that Federal Reserve Chair Jerome Powell is expected to echo fellow central bankers in suggesting interest rates will go higher than policymakers anticipated just weeks ago if economic data continue to come in hot. Andy Browne, Partner at Brunswick Group, talks about the news out of China’s National People's Congress. Elizabeth Werner, QVC Guest Host and toy industry expert, shares her thoughts on the Toy Fest West trade show. And we Drive to the Close with Mark Baribeau, Head of Global Equity at Jennison Associates.
Hosts: Carol Massar and Katie Greifeld. Producer: Paul Brennan.
See omnystudio.com/listener for privacy information.