The hosts introduce the guests, Molly Smith and Nikki Baird, for a roundtable discussion on CPI data. They discuss the impact of consumer spending and behavior in relation to recent price increases, including the leveling off of price increases in discretionary spending categories. They also touch on the challenges of bringing down inflation and the potential implications of rising energy prices and interest rates on credit card debt.
Nikki Baird, Vice President of Strategy at Aptos Retail and Bloomberg News Economics Editor Molly Smith discuss US CPI data and the outlook for Federal Reserve policy. Bloomberg News US Luxury Retail Reporter Jeannette Neumann and Bloomberg Intelligence Global Luxury Goods Analyst Deborah Aitken report on Coach owner buying Michael Kors parent in $8.5 billion deal. Nicole Baumgarth, Professor of Molecular Microbiology and Immunology at the Johns Hopkins Bloomberg School of Public Health, looks at the increase in Lyme disease in the US. Hayley Berg, Lead Economist at Hopper, talks about what’s driving lower domestic airline prices. And we Drive to the Close with Aaron Kennon, CEO at Clear Harbor Asset Management.
Hosts: Carol Massar and Tim Stenovec. Producer: Paul Brennan.
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