Bloomberg Wall Street Week - December 2nd, 2022

Bloomberg Wall Street Week - December 2nd, 20...

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Bostic on Inflation, Volatile Gold Prices, The Second China Shock, Investing in Art

This week, outgoing Atlanta Fed President Raphael Bostic says it’s ‘paramount’ to get inflation back to 2%. And, gold prices have been all over the place – what does that mean for the dollar, and those mining the metal? Plus, as Chinese exports surge again, Europe confronts a pot ...  Show more

Trump Taps Warsh For Fed Chair, Furman Reacts to Rate Hold

President Trump announces he intends to nominate Kevin Warsh as the next chair of the Federal Reserve, replacing Jay Powell when his term ends in May. Michael McKee speaks with Fed Governor Stephen Miran for reaction. Plus, we speak with Harvard Professor of Economics Jason Furma ...  Show more

Recommended Episodes

US Inflation Ebbs for First Time in Six Months in Relief for Fed
Bloomberg Businessweek

Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF. Bloomberg News Economics Editor Molly Smith, Bloomberg Intelligence Chief US Interest Rate Strategist Ira Jersey and Bloomberg Economics US economist Stuart Paul discuss the US core consumer price index cooling ...  Show more

Apple Outlook Mixed Post-Earnings on China Concerns
Bloomberg Businessweek

Angelo Zino, Senior Equity Analyst at CFRA Research, breaks down Apple sales declining for a fourth straight quarter, marking the longest slowdown since 2001, as the company struggles with sluggish demand and a shaky smartphone market in China. Bloomberg News International Econom ...  Show more

Fed Hiking Cycle Looks Done After US Jobs Report Shows Cooling
Bloomberg Businessweek

Yelena Shulyatyeva, Senior US Economist at BNP Paribas and Bloomberg News Economics Reporter Steve Matthews discuss the impact of the October jobs report on Fed policy. Julia Pollak, Chief Economist at ZipRecruiter, also talks about the jobs report and labor market trends she is ...  Show more

Minutes Show Officials Rallying Around Higher-for-Longer Rates
Bloomberg Businessweek

Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF. Bloomberg News International Economics & Policy Correspondent Michael McKee reports on Federal Reserve officials earlier this month coalescing around a desire to hold interest rates higher for longer and “many” ...  Show more