Federal Reserve Chair Jerome Powell discusses the Fed's fight against inflation, Former Treasury Secretary Lawrence H. Summers emphasizes the need for the Fed to respond to the fiscal problem, and Incoming Brookings Institution President Cecilia Rouse suggests that a cooling labor market could slow down the Fed's tightening cycle. Other topics include the relationship between higher capital requirements and investor interest in US banks, the evolution of private equity, the challenges of turning around GE, and the importance of family dynamics to the economic future of the country.

Former Council of Economic Advisers Chair explains US labor market slowdown. Citi US Equity Strategist analyzes cross-asset rally after Fed pause. Willett Advisors CEO discusses UAW agreements with Big Three automakers. KKR Head of Global Macro and Asset Allocation dives into China's shift to disinflationary.

Cecilia Rouse, the chair of the White House Council of Economic Advisors, is as cold-blooded as any economist. But she admits that her profession would do well to focus on policy that actually helps people. Rouse explains why President Biden wants to spend trillions of dollars to reshape the economy, and why — as the first Black chair of the C.E.A. — she has a good idea of what needs fixing.