Austan Goolsbee, the President of the Chicago Fed, shares insights on sticky inflation and the implications for rate cuts, emphasizing the nuances of the current job market and consumer confidence. Joe Dominguez, CEO of Constellation Energy, discusses the major $19 billion acquisition of Calpine, highlighting its significance in a surging energy sector. They touch on the intertwining impact of rising treasury yields, challenges in productivity growth, and the ongoing wildfires affecting California.
