This episode is brought to you by Krakhan.

Krypto is like finance, but different.

It doesn't care when you invest, trade or save, do it on weekends,

or at 5 a.m.

Or on Christmas Day, at 5 a.m. or on Christmas day at 5 a.m.

crypto is finance for everyone everywhere all the time.

Visit crackin.com slash see what crypto can be to learn more

don't invest unless you're prepared to lose all the money you invest this is a high-risk

investment and you should not expect to be protected if something goes wrong

This is John Bachelor from a conversation with Elizabeth Peek of the Hill, Fox News and Fox Business

about Drum Powell and his challenge to when to deliver the three cuts promised by the Board of Governors at 2023 end with a disappointing

or unexpected inflation number printed Wall Street reacting negatively for the moment. Looking for four cuts

as early as May, Liz speculates, anticipates, reasons that Jay Powell will need to do whatever cutting he's going to do before

July. After that, it would be perceived as decidedly partisan. Here's Liz Peak to explain what the inflation's

number printed in these last hours means for the reduction in interest rates

ahead.

This unexpected.

You know, I am kind of a conundrum, right?

Because now Wall Street got up to expecting six or seven cuts. They weren't listening to Jay Powell. They just

refused to believe that he wasn't going to be aggressively cutting interest

rates. There has been nothing in the data that's come out in the last month or so that would lead

him to take a more dovish position.

...