Bloomberg Businessweek Bloomberg Businessweek Weekend - December 12th, 2025
Dec 13, 2025
Steve Moore, an economist and Trump advisor, shares insights on Fed policy and fiscal responsibility, critiquing pandemic stimulus. Zach Wasserman, CFO of Huntington Bancshares, discusses bank growth, lending strategies, and the impacts of AI. Energy reporter Josh Saul reveals how NextEra is adapting to data center demands, while Kabir Nath of Compass Pathways highlights the promise of psilocybin therapies for mental health. Chris Anthony discusses Aptera's innovative solar-electric vehicle, and Chris Rauser offers tips on estate organization and gift-giving.
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Fed Cuts Aren't The Whole Story
- Steve Moore says Fed rate cuts matter less than people think because markets price many factors beyond the funds rate.
- He argues inflation control and a strong dollar matter more than short-term Fed moves for incomes and investment.
Pick Fed Chairs Who Defend The Dollar
- Presidents should pick Fed chairs who share their economic philosophy, Moore says, but chairs must still defend the dollar and control inflation.
- He recommends choosing monetary experts like Kevin Hassett or Kevin Warsh to prioritize price stability.
Markets Expect More Easing Than The Fed
- Huntington CFO Zach Wasserman says the Fed's data reliance and gradual path looks appropriate given softening labor and lingering inflation.
- Markets price two cuts for 2026, while the Fed signals one, leaving room for modest easing next year.
