Bloomberg opinion piece says the Fed shouldn't settle for above-target inflation. But when we look at the June CPI number of core prices, we're up only 0.16 month over a month,. which is equivalent to slightly less than 2% on an annualized basis. And I'd be the first to caution against trying to extrapolate too much from a one-month move, but it's an indication that they can actually achieve their goal.
Steven Skancke, Chief Economic Advisor at Keel Point and Bloomberg News Economics Reporter Steve Matthews share their thoughts on the Fed policy and Wednesday's rate decision. Angelo Zino, Senior Equity Analyst at CFRA Research and Bloomberg Intelligence Senior Technology Analyst Anurag Rana break down Microsoft earnings. Dr. Angela Fitch, Chief Medical Officer at Knownwell, explains why Ozempic won’t solve the nation’s obesity crisis. And we Drive to the Close with Michael Sheldon, Chief Investment Officer at Hightower RDM Financial Group.
Hosts: Carol Massar and Tim Stenovec. Producer: Paul Brennan.
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