The toy industry is hoping that families are going to continue to spend more time at home together because of inflation. Hasbro, which came out last month with a gloomy 2023 forecast, talked about inflation dragging down demand. So the kids are going to have hours and hours of endless play with this fun item. Totally want it.
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.