Can the Fed Stick To Its Guns?

Real Vision: Finance & Investing

Real Vision

Business News, News, Investing, Business

4.1 • 1.1K Ratings

🗓️ 20 September 2022

⏱️ 37 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

All three major U.S. equity indexes were essentially flat at the halfway point of Monday’s trading session, with attention squarely focused on the outcome of Tuesday’s and Wednesday’s Federal Open Market Committee meeting. As a 75-basis-point rate hike is a foregone conclusion, the main event will be Jerome Powell’s post-meeting press conference. Incoming data continue to suggest the economy is slowing, highlighted by a rapidly cooling housing market. Darius Dale, the founder and CEO of 42 Macro, joins Real Vision’s Andreas Steno Larsen for today’s Daily Briefing to preview this week’s central bank action. We also hear from Thomas Hoening, the longest-serving Fed president in U.S. history, about how risks posed by monetary tightening – i.e., rising unemployment – will test Powell’s resolve. Watch the full conversation featuring Thomas Hoenig and Harry Melandri here: https://rvtv.io/3qPyEQ3. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0	Hey everyone, if you like this podcast, you should check out the full finance journey at
0:07.8	realvision.com slash RVPod to get the full view of what real vision is all about.
0:12.8	A video on the man platform, you can watch anywhere.
0:16.2	Our members get daily videos and analysis, plus access to more than 3,000 videos for beginners
0:21.4	and experienced investors alike, and live events online.
0:25.2	You'll join the most thoughtful community in finance.
0:28.0	Within 300,000 people who trust real vision to be the anchor to truth in the financial
0:32.4	world.
0:33.4	To get started, visit realvision.com slash RVPod.
0:36.6	Use the promo code podcast 10 to get 10% off our essential membership for your first
0:41.4	year.
0:42.4	Enjoy the show.
0:58.0	We live Monday, September 19th ahead of a big central bank week, and that's why we're
1:04.8	going to ask the question today, whether the Fed will be able to stick to their guns
1:10.0	on Wednesday when we get the conclusion at the FOMC meeting.
1:15.0	And with me to discuss this week of central bank action, I've invited maybe the best central
1:21.5	bank watcher I know out there, namely Darius Dale, the CEO of 42 macro, Darius, really
1:28.1	good to see you again.
1:29.1	I take great offense to that.
1:33.5	My apologies.
1:34.5	I don't want to be known as the best central bank watcher, but I appreciate your brother.
1:40.2	Let's call you the best inflation watcher then.
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Real Vision, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Real Vision and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.