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The John Batchelor Show

#Markets: Missing those three cuts at the Fed. Liz Peek The Hill. Fox News and Fox Business

The John Batchelor Show

John Batchelor

Society & Culture, Arts, News, Books

4.52.8K Ratings

🗓️ 24 April 2024

⏱️ 14 minutes

🧾️ Download transcript

Summary

#Markets: Missing those three cuts at the Fed. Liz Peek The Hill. Fox News and Fox Business
https://www.ft.com/content/6c746e2c-1ddb-4e61-8620-7d46a6393818

1927 Dederal Reserve Board

Transcript

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0:00.0

Have you ever felt like escaping to your own desert island?

0:04.0

Jane Gaskin did exactly that, trading in the family home to begin a new life in the

0:09.1

tropics.

0:10.1

But she soon discovers that Paradise has its secrets.

0:13.4

I'm Alice Levine, and this is the price of Paradise,

0:18.0

the island dream that ends in kidnap, corruption, and murder. Wish you were here. Follow the price of Paradise Now wherever

0:26.7

you listen to podcasts. This is a

0:39.5

This is CBS I on the world with John Bachelor.

0:41.4

Here's John Bachelor.

0:44.0

The American Economy. I welcome Elizabeth Peak.

0:46.0

She's a columnist at the Hill, comments at Fox News,

0:49.0

to comment on the American Economy,

0:51.0

the mystery of the American Economy. When last we met, the American economy

0:56.2

was strong, so strong that it became suspect. 2.7 growth projected by the IMF compared to our allies.

1:06.8

2 for Germany, 0.5 for the UK, 0.9 for Japan.

1:11.3

So you ask yourself what are we doing right? It might be that we're doing something

1:16.0

wrong. However, that paradox I need Liz's help with. Liz, a very good evening to you.

1:22.0

The economy is strong, and so is inflation or as so is the interpretation of inflation.

1:28.4

All waiting on the Federal Reserve to follow through on its promise to cut three times this year.

1:33.7

Maybe not.

1:34.7

There's not much here left.

1:36.2

And at the same time, the Federal Reserve looks to be hesitating.

...

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