This chapter discusses the Fed's approach to inflation and how it has evolved over time. They talk about the data that could indicate if the worst of inflation is behind us, such as the labor market and the housing market. They also discuss the need for the Fed to be more proactive in addressing potential issues before they become serious.
Bloomberg Opinion Columnist Conor Sen explains why labor market trends demand the attention of the Federal Reserve and policymakers need to possibly consider a few surgical interest-rate cuts next year. Jeff Jones, CEO of H&R Block, discusses earnings for the tax prep company and their take on Middle America. Angela Stent, Senior Fellow at Brookings Institution, shares her thoughts on how the Israel-Hamas war could impact the war between Russia and Ukraine. Bloomberg Businessweek Editor Joel Weber and Businessweek Features Writer Ashlee Vance provide the details of Ashlee's Businessweek Magazine cover story Elon Musk’s Brain Implant Startup Is About to Start Cutting. And we Drive to the Close with Leo Kelly, CEO of Verdence Capital Advisors.
Hosts: Carol Massar and Tim Stenovec. Producer: Paul Brennan.
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