A Dovish Fed & Speaker Johnson on the Shutdown Deadline 03/21/24
Squawk Pod
English - March 21, 2024 16:09 - 35 minutes - 32.5 MB - ★★★★ - 450 ratingsInvesting Business News Business News leadership health entrepreneurship business productivity startups finance interview entrepreneur fitness Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
The Federal Reserve held interest rates steady this week, signaling a plan to cut rates multiple times this year. Economist and Allianz and Gramercy advisor Mohamed El-Erian explains the Fed’s dovish stance and its implications for the markets. As the government shutdown deadline looms, lawmakers have released a $1.2T spending bill. Speaker Mike Johnson (R-Louisiana) discusses the bill, funding for Israel, the US deficit, and the difficulties of a divided Congress. The Department of Justice has sued Apple, alleging the company’s anti-competitive practices extend beyond its hardware products. CNBC’s Steve Kovach explains Apple’s business strategy and regulatory hurdles. Plus, Elon Musk’s Neuralink has landed a big win.
Mohamed El-Erian - 04:23
Rep. Mike Johnson - 16:19
Steve Kovach - 31:25
In this episode:
Mike Johnson, @SpeakerJohnson
Joe Kernen, @JoeSquawk
Becky Quick, @BeckyQuick
Katie Kramer: @Kramer_Katie