The Fed and markets are sailing into a fog of uncertainty
The Penta Podcast Channel
English - March 24, 2023 18:00 - 29 minutes - 20.6 MB - ★★★★★ - 37 ratingsBusiness News News Business Investing Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Previous Episode: Penta acquires Copperfield Advisory, expanding its footprint in New York
On today's Macrocast, our new host Ylan Mui, managing director at Penta, sits down with John Fagan and Brendan Walsh of Markets Policy Partners to break down the Fed's latest 25 basis point rate hike. The trio points out that it was unique that Chairman Powell spoke so candidly about the Fed's uncertainty on how to adjust rates moving forward. Ylan, John, and Brendan discuss the state of the U.S. economy more broadly, including with respect to how the current commotion in the banking sector might spill over to other countries and sectors. The group finishes the episode by chatting about the odds of regulators taking action in the banking sector, Yellen's testimony on Capitol Hill, and the state of the U.S. bond market.