The chapter analyzes the market response to the Federal Reserve's recent announcements, with a focus on interpreting Jay Powell's statements and their impact on growth and inflation estimates. The guest discusses the Fed's nuanced approach, potential adjustments based on inflation data, commodity market movements, and predictions for 10-year rates, offering insights into the future economic environment and the implications for various financial policies.
Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF.
Journalist and Author Kara Swisher discusses her new book Burn Book: A Tech Love Story and shares her thoughts on news of the day. Bloomberg News AI Reporter Rachel Metz provides the details of her Businessweek story OpenAI Sprinting to Keep Up With Startups on AI-Generated Video. And we Drive to the Close with Katy Kaminski, Chief Research Strategist and Portfolio Manager at AlphaSimplex.
Hosts: Carol Massar and Tim Stenovec. Producer: Paul Brennan.
See omnystudio.com/listener for privacy information.