Joseph Wang, a former senior trader at the New York Fed and author of "Central Banking 101," teams up with George Goncalves, Head of US Macro Strategy at MUFG Securities. They delve into the Federal Reserve's strategy for 2025, examining the impact of rising interest rates and political shifts. The duo discusses the challenges of small businesses amidst high rates, the implications of trade tariffs, and potential rate cuts. They explore how these factors could influence market sentiment, the economy, and future Federal Reserve policies.

Danielle DiMartino Booth and George Goncalves discuss the 2024 Fed pivot, analyzing the potential for a recession or soft landing. They delve into topics such as the decrease in inflation, increase in real income growth, and the challenges faced by the Fed in managing the economy. They also explore revisions to non-farm payrolls data, the Digital Asset Summit London conference, credit performance, and the Federal Reserve's holdings and interest rate predictions.

George Goncalves, a bond strategist and expert, shares his insights on the U.S. economy and the bond market. He dives into the intricate dynamics of bond rates and Federal Reserve actions, drawing parallels to the 2008 financial crisis. The discussion illuminates the Fed's balance sheet, liquidity trends, and the pressing need for interest rate cuts to support small and mid-sized businesses. Goncalves also explores the implications of recent economic indicators and emphasizes the importance of understanding risk in banking strategies.

Join George Goncalves, head of U.S. macro strategy at MUFG, as he dissects the Federal Reserve's recent rate cut and its implications on the economy. He discusses the challenges the Fed faces in achieving a soft landing amidst a cooling labor market and why he believes further cuts might be essential. The conversation also touches on the credit struggles of small to medium enterprises compared to larger corporations, and the perplexing disconnect between equity markets and economic indicators, revealing insights into navigating financial uncertainties.

Former Chief Investment Strategist Rebecca Patterson discusses the FOMC meetings and yen movement, while George Goncalves talks about rate outlook. Laura Davison covers campus protests and political headlines.