Wall Street Week cover image

Bloomberg Wall Street Week - August 11th, 2023

Wall Street Week

CHAPTER

The Fed's Reaction to Inflation

US CPI numbers came in just as predicted, with headline prices up two tenths of a percent or 3.2 percent year over year. US mid-sized banks got hit with the Moody's downgrade and that actually is a tailwind for bond investors. Italian banks faced a windfall profits tax that tanked their stocks before the government backed off a bit. And college football continued its conference shake-up with USC, UCLA, Oregon and Washington all going to the big ten leaving the Pac-12 out in the cold.

00:00
Transcript
Play full episode

Remember Everything You Learn from Podcasts

Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
App store bannerPlay store banner