The Fed’s Rate Cut Calculus & Betting Olympic Odds 07/12/24
If inflation numbers are improving, the Federal Reserve should be ready to cut interest rates–maybe. Wall Street Journal Chief Economics Correspondent Nick Timiraos, known as the ‘Fed whisperer,’ explains the Fed’s rate cut calculus, including inflation metrics and changes in the labor market. CNBC’s Megan Cassella reports on Capitol Hill’s reaction to President Biden’s rare, unscripted press conference, and EU regulators are taking aim at Elon Musk’s X platform. Plus, the Paris Olympics are just weeks away! Washington University in St. Louis Sports Business Director Patrick Rishe says…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.