Exploration of the latest Fed meeting of 2024, including the debates surrounding rate cuts and the caution needed in making policy decisions based on incoming data. The chapter delves into the risks involved in hasty rate cuts and considerations about balance sheet reduction for economic stability.
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Bloomberg News International Economics & Policy Correspondent Michael McKee and Bloomberg Economics Chief US Economist Anna Wong break down the of minutes of the Jan. 30-31 FOMC meeting showing that most Federal Reserve officials flagged concerns over moving too quickly to cut interest rates, indicating such risks outweighed keeping borrowing costs elevated for too long. Rachel Gerring, EY Americas IPO Leader, shares her thoughts on the current state of the US deals market. Lucas Keh, Semiconductors Analyst at Third Bridge, discusses Nvidia earnings as the company gave a sales forecast that fell short of the most bullish estimates. And we Drive to the Close with Lisa Erickson, Head of Public Markets Group at US Bank Wealth Management.
Hosts: Carol Massar and Jennifer Ryan. Producer: Paul Brennan.
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