The FOMC meeting July 26th, pretty much a done deal in terms of a quarter point hike. The week does get a little bit more interesting data-wise but after Wednesday when the Fed meets, we'll get a first look at second quarter GDP. And then on Friday, one of the Fed's favorite wage measures comes out that employment cost index also for the second quarter. So a lot of exciting things Wednesday through Friday coming up next week.
Bloomberg News Economics Editor Molly Smith and Bloomberg Intelligence Chief Equity Strategist Gina Martin Adams break down market and economic reaction to a variety of data and look ahead to a busy week coming up. Ana Arsov, Co-Head of Global Banking at Moody’s, talks about the banking sector after a week of earnings results. Rob Frasca, Managing Partner at Cosimo Ventures, shares his thoughts on traditional finance getting into the crypto game. Dr. Ian Lustbader, Clinical Professor of Medicine at NYU Langone, discusses the pros and cons of obesity drugs. And we Drive to the Close with Ryan Detrick, Chief Market Strategist at the Carson Group. Hosts: Carol Massar and Matt Miller. Producer: Paul Brennan.
See omnystudio.com/listener for privacy information.