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PBD Podcast

Newsom Loves Biden, Trump Wins South Carolina & AT&T Outage Revealed | PBD Podcast | Ep. 370

Feb 27, 2024
02:18:00
Snipd AI
Topics discussed include Gavin Newsom defending Joe Biden, Gemini AI controversy over Hitler vs Elon Musk comparison, US Air Force officer self-immolation protest, AT&T outage cause revealed, Jamie Dimon stock sale caution, rising inflation concerns, Google's Gemini AI pedophilia comment refusal, biased news sources, and homelessness in Hollywood.
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Podcast summary created with Snipd AI

Quick takeaways

  • Inflation expected to rise, impacting mortgage rates and delaying interest rate cuts.
  • California Governor praises Biden's job creation and manufacturing efforts, endorsing his leadership qualities.

Deep dives

US Inflation on the Rise, Fed Expected to Hold Rates

The core personal consumption expenditure price index is expected to increase, potentially marking the second monthly acceleration in a year. The Federal Reserve is unlikely to lower borrowing costs until inflation is under control. With inflation rising, mortgage rates are expected to remain steady, and there is a reduced likelihood of interest rate cuts in the near future.

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