The FOMC raised rates by the expected 25 basis points at this week’s meeting.
On today’s episode, NLW breaks down the Federal Open Markets Committee rate hike decision, as well as Fed Chairman Jerome Powell’s comments on inflation, the labor force, the debt ceiling and loosening financial conditions. While many commentators have argued that Powell failed to ... Show More
Yesterday
Alex Schultz on Meta’s Future: “It Might Be The Next Tier of Business For Our Entire Company”
The future of Meta with Chief Data Officer Alex Schultz. Alex Schultz, Chief Data Officer at Meta, joins Sam for a wide-ranging conversation covering why Meta believes agentic commerce could become the majority of its business, why stablecoins are a foregone conclusion, and why h ... Show More
44m 47s
Yesterday
Elon Musk Loses $50 Billion in a Single Day; SpaceX Moves Bitcoin | CoinDesk Daily
Elon Musk lost $50B? SpaceX shares fell over 6% and Tesla dropped nearly 4% on Tuesday, wiping more than $50 billion off Elon Musk's net worth and pushing him below the $1 trillion mark. Meanwhile, SpaceX's bitcoin wallet — holding 18,712 BTC — made its first transaction in six m ... Show More
1m 53s
Feb 2023
Yet more comments from Jerome Powell
<p>A week after delivering a 25 basis point interest rate hike, Federal Reserve Chairman Jerome Powell welcomed disinflation yesterday, but warned that if we see stronger labour reports, or signs that inflation is creeping back in then “it may well be the case that we have to do ... Show More
7m 38s
Mar 2023
Hike #9, Winning AI, & the SEC’s Celebrity Targets 03/23/23
<p>The Federal Reserve announced <a href="https://www.cnbc.com/2023/03/22/fed-rate-hike-decision-march-2023.html">a rate hike of 25 basis points</a>, its ninth consecutive hike in the last year. Chair Jerome Powell softened his tone on the central bank’s aggressive hiking policy, ... Show More
37m 51s
Dec 2022
Fed hints at less aggressive rate increase
<p>Federal Reserve chair Jay Powell signalled the central bank will start to slow the pace of interest rate increases, French president Emanuel Emmanuel Macron is meeting with US president Joe Biden today, and Eurozone inflation finally slowed down. Plus, we get the latest on the ... Show More
9m 15s