Voting on a Hike with Fed President Goolsbee & Admitting Defeat at WeWork 11/7/23

Squawk Pod

CNBC

Business News, Investing, Business, News

4 • 494 Ratings

🗓️ 7 November 2023

⏱️ 42 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Chicago Fed President Austan Goolsbee says the U.S. central bank is making progress in its fight against inflation, but investors still don’t know whether the Federal Reserve has finished hiking rates. Pollster Frank Luntz considers the political state of play on today’s Election Day, a year out from the 2024 Presidential Election. He unpacks the top priorities and top candidates for young voters, as well as the impact the Israel-Hamas War will have on American politics. Plus, WeWork has filed for bankruptcy, and actors are still on strike after rejecting a deal from Hollywood studios. Austan Goolsbee 12:47 Frank Luntz 33:06 In this episode: Austan Goolsbee, @Austan_Goolsbee Andrew Ross Sorkin, @andrewrsorkin Joe Kernen, @JoeSquawk Becky Quick, @BeckyQuick Katie Kramer, @Kramer_Katie

Transcript

Click on a timestamp to play from that location

0:00.0	Bring in show music please.
0:03.0	Hi, I'm C NBC producer Katie Kramer today on Squack Pod.
0:08.0	Done? Really? Are they?
0:11.0	Maybe we even do get a hike in December even though most of the market has taken that off the table.
0:15.4	A voting member of the Fed's rate-setting committee, Chicago's Austin Goolsby on the will they or won't
0:21.3	they raise rates again?
0:22.3	The overwhelming thing we need to do is pay. on the will they or won't they raise rates again.
0:22.8	The overwhelming thing we need to do is pay attention to inflation
0:26.8	and get the inflation down.
0:28.8	The employment side of the mandates going well.
0:32.1	And pollster Frank Luntz, one year to election 24.
0:36.0	What did you make of the New York Times-Sianna poll over the weekend?
0:38.0	It started a food fight.
0:41.0	His stark take on the numbers.
0:43.2	And I don't understand for the life of me.
0:45.5	Why Chuck Schumer and Hakim Jeffries do not go to the White House and say, sir,
0:50.3	you've been a great president, done a good job for us, but it's time to move on.
0:54.0	Plus, the House GOP starts a funding clock again.
0:58.0	Actors still on strike and the way we worked.
1:02.0	Too good for the customer.
1:03.4	Yeah, that it couldn't stay in business.
1:05.9	It's Tuesday, November 7th, 2023.
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from CNBC, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of CNBC and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.