Rachel Siegel

Join Greg Ipp from The Wall Street Journal and Rachel Siegel from The Washington Post as they dive into the intriguing dynamics of consumer behavior amidst rising inflation and tariffs. They discuss why despite gloomy economic sentiments, consumers are still spending. The conversation also highlights the tension between economic pressures and retail growth, along with insights on wealth taxes and their complications. Plus, a surprising anecdote about Putin’s visit to a NYC gas station adds a quirky twist to the economic narrative!

Greg Ipp from The Wall Street Journal shares insights on inflation and the evolving nature of American capitalism, while Rachel Siegel from The Washington Post discusses the impact of rising prices on consumers. They delve into the paradox of increased retail sales alongside declining consumer sentiment and cautious spending behaviors. The conversation touches on how tariffs affect prices, the challenges of wealth taxation, and the financial struggles facing nonprofit arts organizations due to recent funding cuts.

Rachel Siegel, a reporter for the Washington Post covering the Federal Reserve and domestic economy, discusses the Fed's handling of physical cash, the vulnerable state of the commercial real estate market, potential issues for voters in the 2024 election, and more.