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Tesla Jumps: Will Musk's $56 Billion Pay Be Approved? | Bloomberg The Pulse 06/13/24

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June 13, 2024

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Bloomberg's global autos editor Craig Trudell discusses Elon Musk's ongoing fight for his controversial pay package at Tesla. Also on the show, former Fed Vice-chairman Richard Clarida discusses the outlook for the Federal Reserve. Officials at the central bank have dialed back their expectations for interest-rate cuts this year, though Chair Jerome Powell kept the door open for more as he emphasized the new forecasts represented a conservative approach. The update shows officials now expect to lower borrowing costs only once in 2024 instead of the three reductions penciled in previously.

Today's guests: Richard Clarida, Pimco & Former Fed Vice-chairman

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"The Pulse With Francine Lacqua" is all about conversations with high profile guests in the beating heart of global business, economics, finance and politics. Based in London, we go wherever the story is, bringing you exclusive interviews and market-moving scoops.

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Guests & Subjects Covered

Tesla JumpsCraig TrudellElon Musk'sTesla AlsoFed Vice-chairman Richard ClaridaFederal Reserve OfficialsChair Jerome PowellRichard Clarida Pimco

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