Marketplace All-in-One Chili's is back (baby back, baby back)
5 snips
Aug 22, 2025 Ivan Penn, an Energy reporter for The New York Times, joins the discussion to explore how Chili’s turned into a sales powerhouse by catering to Gen Z with viral marketing. The conversation also delves into the Federal Reserve's hints at rate cuts and the implications of rising electricity costs due to AI data centers. Automakers reveal that advanced technology, not tariffs, has driven up vehicle prices. Together, these insights highlight the interconnectedness of consumer behavior, economic policies, and everyday life.
AI Snips
Chapters
Transcript
Episode notes
Fed Signals A Possible Rate Cut
- Powell opened the door to a possible September rate cut while stressing uncertainty around inflation and jobs.
- The Fed is shifting focus toward downside risks in the labor market even as it treats tariffs as likely one-time price bumps.
Labor Risk Now Central To Fed Calculus
- Powell reversed tone on the labor market, highlighting downside employment risks that could argue for cutting rates.
- He framed tariff-driven price moves as likely transitory, supporting the base case for limited easing.
Markets Reacted, But Expectation Remains Cautious
- Markets rallied on relief that Powell opened the door to cuts, but fed-funds futures were not fully pricing September.
- Investors remain wary because upcoming data could shift the Fed's decision path quickly.