The Fed is in a tricky spot. If they wait too long and stick to the framework, ah, you know, that we could enter a multitude of different bubbles. But feels like it would be difficult to back away from the framework without losing some sort of credibility. I wonder about the fedstool mandate here,. To what extent the fet is willing to let the economy run hot in order to satisfy its other mandate, which is to get maximum employment.
Dr. Seth Lederman, CEO of Tonix Pharmaceuticals, discusses U.S. regulators granting full approval of the Covid-19 vaccine made by Pfzier and BioNtech, a milestone expected to help bolster the immunization drive. Bloomberg Law Health Care Reporter Shira Stein shares her story Pregnant, Unvaccinated and Intubated: Doctors Alarmed by Rise. Bloomberg Businessweek Editor Joel Weber and Bloomberg Opinion Columnist Brooke Sutherland break down the battle for aerospace and defense supplier Meggitt. Bloomberg News Economics Reporter Rich Miller explains his Bloomberg Big Take story about the Fed's new inflation framework. And we Drive to the Close with Mitch Rubin, Portfolio Manager at RiverPark Funds.
Hosts: Tim Stenovec and Katie Greifeld. Producer: Paul Brennan.
See omnystudio.com/listener for privacy information.