In this chapter, the speakers discuss the potential impact of the Federal Reserve's decision to pause interest rate hikes and its effect on the balance sheet runoff. They analyze the outlook and predict that the long and variable legs will start to have a negative influence on the data during the summer and early fall. The chapter also briefly mentions the session and the dynamic duo's breakdown of the Fed.
Bloomberg News Health Care Reporter John Tozzi and Bloomberg Intelligence Senior Health Care Analyst Glen Losev discuss shares of US health insurers plunging Wednesday after comments from a UnitedHealth Group executive triggered concerns about rising costs. Dr. Iman Abuzeid, Co-Founder and CEO at Incredible Health, breaks down the hiring firm's 2023 Healthcare Executive Report on the state of nursing. And we Drive to the Close with Liz Young, Head of Investment Strategy at SoFi and Bloomberg Intelligence Chief US Interest Rate Strategist Ira Jersey.
Hosts: Matt Miller and Madison Mills. Producer: Paul Brennan.
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