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Squawk Pod

The Fed’s Rate Cut Calculus & Betting Olympic Odds 07/12/24

Jul 12, 2024
Wall Street Journal's 'Fed whisperer,' Nick Timiraos, discusses the Fed's rate cut calculus. Paris Olympics sparks interest in American betting, while EU regulators target Elon Musk. Capitol Hill reacts to Biden's press conference. Sports Business Director Patrick Rishe talks Olympic betting trends.
29:42

Episode guests

Podcast summary created with Snipd AI

Quick takeaways

  • The Federal Reserve's cautious stance on interest rate cuts hinges on improving inflation numbers and labor market changes.
  • The anticipation of the Paris Olympics is expected to fuel a surge in betting activity, with experts predicting a significant increase in bets across various sports.

Deep dives

Financial Markets and Federal Reserve

Inflation data indicates the Federal Reserve's indecision about its next move. Despite favorable inflation statistics, the Federal Reserve remains cautious. The speculation continues about the Federal Reserve's hesitancy to act despite seemingly stable economic indicators.

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