The ECB's governing council member, Robert Holtzman, says he backs half-point interest rate hikes at every meeting through July. And I think about the global impact of central banks continuing to raise rates. This is your daily reminder from Innovation Refunds that 70 to 80% of small businesses are good candidates for employee retention credit.
Bloomberg News Economics Reporter Jonnelle Marte discusses that Federal Reserve Chair Jerome Powell is expected to echo fellow central bankers in suggesting interest rates will go higher than policymakers anticipated just weeks ago if economic data continue to come in hot. Andy Browne, Partner at Brunswick Group, talks about the news out of China’s National People's Congress. Elizabeth Werner, QVC Guest Host and toy industry expert, shares her thoughts on the Toy Fest West trade show. And we Drive to the Close with Mark Baribeau, Head of Global Equity at Jennison Associates.
Hosts: Carol Massar and Katie Greifeld. Producer: Paul Brennan.
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