Market Movements
The Federal Reserve raised interest rates by 25 basis points, dampening hopes for a pause amid ongoing banking concerns. Inflation in the UK surged to 10.4% year over year, prompting the Bank of England to follow suit with a rate hike. Meanwhile, home prices in the US experienced their first year-over-year decline in over a decade, and Google's AI chatbot Bard has finally launched, though it remains separate from the main search engine for now.In this clip
From this podcast
The Prof G Pod with Scott Galloway
Prof G Markets: Why TikTok Will Be Spun, Credit Suisse, the Big Bitcoin Bet, and Blank Street Coffee
Related Questions
Is the Fed's concern about the impact of slowing growth and higher rates on middle and lower-income consumers likely to push rate cuts out in the episode Scott Bessent - Macro Maven (EP.415) and the clip Economic Predictions Unveiled?
Is the Fed's concern about the impact of slowing growth and higher rates on middle and lower-income consumers likely to push rate cuts out in the episode Scott Bessent - Macro Maven (EP.415) and the clip Economic Predictions Unveiled?