35 min listen
Delta’s Demand, Inflation’s Rise, & the Repercussions of a Rescue 03/14/23
FromSquawk Pod
ratings:
Length:
33 minutes
Released:
Mar 14, 2023
Format:
Podcast episode
Description
The Federal Reserve’s next rate hike is around the corner–or is it? The latest inflation report, last month’s Consumer Price Index, came in hot but not worse than expected. CNBC’s Steve Liesman considers whether it’s a stable enough report to merit a pause on the Fed’s rate hiking spree. Another concern for the Fed: instability in the financial system. Markets and regulators are digesting the second- and third-largest bank failures in U.S. history, and former CEO of Bridgewater Dave McCormick is asking whether the government’s Silicon Valley Bank depositor rescue set the correct economic precedent. In a wide-ranging interview, McCormick compares 2023’s bank backstops to the 2008 financial crisis and discusses the rest of the challenges facing the American economy. Plus, Delta CEO Ed Bastian says, air travel demand is strong, despite safety concerns and sky high ticket prices. In this episode:Ed Bastian, @DeltaDave McCormick, @DaveMcCormickPAPhil Lebeau, @LebeaucarnewsSteve Liesman, @steveliesmanAndrew Ross Sorkin, @andrewrsorkinBecky Quick, @BeckyQuickKatie Kramer, @Kramer_Katie
Released:
Mar 14, 2023
Format:
Podcast episode
Titles in the series (100)
Goldman’s Former Head Lloyd Blankfein: Poverty & GDP Are Also Health Issues: Lloyd Blankfein, former Goldman Sachs CEO and famed risk manager, discusses reopening economies to spare Americans further economic--and possibly physical--damage, and he shares lessons learned from the last financial crisis. United States Secretary of State Mike Pompeo explains Covid diplomacy as the U.S. looks to China for help in ending the global pandemic. by Squawk Pod