Squawk Pod Gary Cohn & CNBC’s Disruptor 50: Gecko Robotics 6/12/25
Jun 12, 2025
Gary Cohn, IBM Vice Chairman and former National Economic Council Director, dives into the current economic landscape, discussing inflation and the Federal Reserve's policy direction. Jake Loosararian, CEO of Gecko Robotics, shares insights on their AI-driven technology used for inspecting critical infrastructure. The conversation also covers Boeing's aviation challenges and the future of robotics in essential industries. Both guests highlight the need for innovation to navigate economic uncertainty and enhance infrastructure safety.
AI Snips
Chapters
Transcript
Episode notes
Economy Defies Negative Expectations
- The U.S. economy is performing well despite negative perceptions and fears of tariffs and inflation.
- Inventory cycles delay the full impact of tariffs on prices, giving a window of economic stability.
Global Shift in Dollar Dominance
- The dominance of the U.S. dollar is being reevaluated globally as countries reinvest in their own economies.
- Marginal buyers drive currency and treasury prices, causing noticeable shifts despite small underlying moves.
Fed's Balanced Monetary Position
- The Federal Reserve is in a good position with inflation near target and employment solid.
- The restrictive monetary environment hasn't hurt growth, allowing the Fed to wait before adjusting rates.