#LondonCalling: Is the Fed done raising rates? @JosephSternberg @WSJOpinion
The John Batchelor Show
John Batchelor
4.5 • 2.8K Ratings
🗓️ 19 April 2023
⏱️ 12 minutes
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Summary
@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. |
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| 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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