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The John Batchelor Show

#LondonCalling: Is the Fed done raising rates? @JosephSternberg @WSJOpinion

The John Batchelor Show

John Batchelor

Society & Culture, Arts, News, Books

4.52.8K Ratings

🗓️ 19 April 2023

⏱️ 12 minutes

🧾️ Download transcript

Summary

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@Batchelorshow


#LondonCalling: Is the Fed done raising rates? @JosephSternberg @WSJOpinion
https://www.wsj.com/livecoverage/stock-market-news-today-04-18-2023?mod=hp_lead_pos3
https://www.ft.com/content/e5c392ba-7357-42c0-9a6b-6720769be32e

Transcript

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0:00.0

Alright kid, you ready for an adventure?

0:03.6

The Mandalorian, season three.

0:05.6

I heard you were back.

0:07.4

All episodes.

0:09.0

Now streaming.

0:10.2

This is a warning.

0:11.2

I guess we're going for a ride.

0:13.2

All episodes now streaming exclusively on Disney Plus.

0:16.6

This is the way.

0:17.6

18 plus subscription required, Tizen C's apply.

0:25.4

This is CBSI in the world.

0:27.0

I'm John Dachstra, the American economy.

0:29.8

The global economy, watching inflation.

0:33.2

Inflation right now in the US is unacceptable at 5%.

0:37.2

Yes, it's moderating from where it came from, 9%,

0:41.4

but still not close towards the target for the Federal Reserve,

0:45.8

the monetary policy of 2%.

0:48.8

Meaning there is a guessing game going on in the industries that depend upon interest rates

0:55.2

and especially in the markets, looking to start again,

0:59.2

having spent these last months in a bear market.

1:01.6

Joseph Sternberg, member of the editor board of the Wall Street Journalist here,

1:06.0

because eventually inflation and politics go together

...

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