Bloomberg Wall Street Week - December 2nd, 2022

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

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China’s Role in Iran War, Global Fertilizer Disruptions, Matcha’s Supply Problem

This week, the Fed holds rates steady, anticipating greater uncertainty and higher prices as war in Iran drives up fertilizer and fuel costs. Plus, letting first-time homebuyers tap retirement savings might ease down payments, but it can also fuel demand and push home prices high ...  Show more

 . 47min 58sec
Fed on Iran War, AI Expectations, US-Canada Trade War, Australia’s Social Media Restrictions

This week, the Fed holds rate steady, anticipating greater uncertainty and higher prices amid the war in Iran. And AI is advancing fast, but real-world limits mean it may transform industries more gradually and less dramatically than many expect today. Plus, are US tariffs on Can ...  Show more

 . 48min 0sec

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

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Apple Outlook Mixed Post-Earnings on China Concerns
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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

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Fed Hiking Cycle Looks Done After US Jobs Report Shows Cooling
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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

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Minutes Show Officials Rallying Around Higher-for-Longer Rates
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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

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