Experts like Neil Dutta and Ira Jersey discuss CPI and Fed rate outlook, while Joe Weisenthal and Tracy Alloway share insights on CPI trends. Steven Ricchiuto analyzes inflation data and its economic impact. The podcast delves into inflation challenges for the Biden administration and how it affects various sectors.

Joe Weisenthal, co-host of Bloomberg's Odd Lots Podcast and a notable figure in finance-Twitter, joins the discussion with sharp insights. He breaks down the effects of Fed rate cuts on startups and their ripple effect on everyday life. The conversation dives into generational cultural shifts, exploring the evolving meaning of 'selling out' and the symbolism of subtle interest rate changes. They also weigh in on the changing landscape of dining and social status, and the parallels between country music and classic holiday tunes, revealing unexpected connections in culture.

In this special edition of Big Take DC, Bloomberg's Joe Weisenthal and Tracy Alloway discuss the reliability of data used by the Federal Reserve in decision-making. They interview ex-Fed economist Claudia Sahm to highlight concerns about flawed data and declining response rates in surveys. The podcast explores the impact of low response rates on data quality and the importance of rebuilding trust between the government and the people for accurate decision-making.