35 min listen
Skip! Fed Speak’s Latest Buzzword 6/01/23
FromSquawk Pod
ratings:
Length:
31 minutes
Released:
Jun 1, 2023
Format:
Podcast episode
Description
The Federal Reserve’s buzzword of the week: “skip.” Fed officials have signaled a plan to hold steady on interest rates in June, but urging the public that the decision would not signify an end to the tightening cycle. SMBC Nikko Securities America Chief Economist Joe Lavorgna offers his own extrapolation of the news, as well as what it may mean for Wall Street. In Washington, the President Biden-Speaker McCarthy debt ceiling deal is headed for the Senate. Plus, CNBC’s Steve Kovach has the details from the newest product launches at Meta and Apple, Elon Musk is the world’s richest person (again), and investors are asking, is AI a bubble? Tastytrade’s Tom Sosnoff considers the question and whether the industry could revitalize a sleepy IPO market. In this episode:Joe Kernen, @JoeSquawkKelly Evans, @KellyCNBCSteve Kovach, @stevekovachKatie Kramer, @Kramer_Katie
Released:
Jun 1, 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