PREVIEW: FEDERAL RESERVE Colleague Elizabeth Peek analyzes Wall Street's expectations for Jerome Powell's Fed leadership and implications for the incoming Trump administration. More later.
The John Batchelor Show
John Batchelor
4.5 • 2.8K Ratings
🗓️ 10 December 2024
⏱️ 3 minutes
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1927 Federal Reserve Board
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| 0:00.0 | AI might be the most important innovation ever. It's storming every industry with literally billions being invested, so buckle up. |
| 0:07.9 | The problem is that AI needs the right data and a lot of speed and processing power, so how do you compete without cost spiraling out of control? |
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| 0:31.4 | access and data residency. OCI provides blazing fast speeds for AI's demanding workloads, |
| 0:37.3 | and in the cloud, when you pay by the minute, speed matters. |
| 0:40.5 | And of course, nobody does data better than Oracle. |
| 0:43.9 | If you want OCI to help you do more and spend less, like Uber, the Premier League and Oracle Red Bull Racing, take a free test drive at oracle.com slash bandwidth. |
| 0:52.9 | That's oracle.com slash bandwidth. That's oracle.com slash bandwidth. |
| 0:55.3 | Oracle.com slash bandwidth. This is John Batchel. Conversation with Elizabeth Peake, my colleague. |
| 1:02.9 | She writes a column for the Hill, column for Fox News, about the challenge to Jerome Powell, the chairman |
| 1:08.2 | of the Federal Reserve at the next meeting. Presuming inflation is not abated but checked, |
| 1:15.7 | what is the next decision about interest rates? |
| 1:21.8 | Wall Street heavily is favoring a quarter point cut, |
| 1:25.6 | but what does that mean for the new Trump administration? |
| 1:29.0 | Liz interprets very carefully walking a fine line here. |
| 1:34.6 | More of this tonight. |
| 1:36.8 | The CPI is expected to show that inflation, to use the new word, is still sticky. |
| 1:44.0 | I think a lot of people think it'll be actually just a notch higher than it was in October. |
| 1:48.8 | I think the CPI in October was 2.6. |
| 1:51.2 | People are looking around 2.7. |
... |
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