Wall Street Week cover image

Bloomberg Wall Street Week - June 2nd, 2023

Wall Street Week

CHAPTER

The Fed's Decision to Raise Rates on the Debt Ceiling

With the debt ceiling deal behind us, I think the lower risk strategy is for the Fed to raise rates in June. The thing I'm worried about coming out of this deal is not what happens in the near term. CBO says that we're headed to a projected deficit more than twice as large as the one we had when we set off the Simpson-Bolls process.

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