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Powell Reiterates Fed Needs More Confidence on Inflation to Cut | Bloomberg Businessweek
Posted
March 7, 2024
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March 7, 2024
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39:18Now PlayingWatch Carol and Tim LIVE every day on YouTube().
Bloomberg Bloomberg News International Economics & Policy Correspondent Michael McKee and Bloomberg News Markets Reporter Abigail Doolittle recap Federal Reserve Chair Jerome Powell's testimony before US lawmakers on the House Financial Services Committee on Wednesday. Bloomberg Intelligence Senior Analyst for US Regional Banks Herman Chan reports on New York Community Bancorp planning to announce an equity investment of more than $1 billion led by Liberty Strategic Capital, Hudson Bay Capital and Reverence Capital Partner to restore investor confidence. Maggie Switek, Senior Director of the Milken Institute’s Research Department, shares the details of the firm's Global Opportunity Index 2024: Attracting Foreign Investment. And we Drive to the Close with JoAnne Bianco, Investment Partner & Client Portfolio Manager at BondBloxx.
Hosts: Carol Massar and Tim Stenovec. Producer: Paul Brennan.
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Carol Massar and Tim Stenovec bring together the latest news from the world of business and finance and the interesting stories of global technology, politics, economics and more by harnessing the power of Bloomberg Businessweek reporters and editors.
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