Bloomberg Businessweek cover image

Bloomberg Businessweek

Fed’s Mester Wants Few More Months of Good Inflation Before Cuts

Jun 14, 2024
Bloomberg's Michael McKee discusses Fed's Mester wanting good inflation data before rate cuts. Ikea works to retain workers while Cava chain's value soars. Spotify unveils new premium music service. Clear Harbor Asset CEO on navigating market uncertainty.
45:02

Episode guests

Podcast summary created with Snipd AI

Quick takeaways

  • Fed's Mester emphasizes need for sustained good inflation data before considering interest rate cuts.
  • Ikea implements strategies to improve employee retention and workplace satisfaction.

Deep dives

Fixed asset entices clients with a premium plan

Spotify launches a new premium plan offering higher fidelity audio and enhanced playlist tools. The focus on personalized content and user experience aims to attract users willing to pay extra for a high-quality music streaming service.

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