Weekly Wrap: Kevin Warsh's dilemma on interest rates
On Wednesday, the U.S. Federal Reserve decided to keep interest rates unchanged, despite pressure to tackle growing inflation and three dissenting votes. Are markets sending a message to the central bank — and Chair Kevin Warsh — to address inflation?
“Marketplace” host Reema Khrais discusses that decision, as well as the reasons behind an uptick in consumer sentiment this week and the AI buildout’s role in growing the U.S. GDP. She is joined by Sudeep Reddy, Washington Bureau Chief for MSNOW, and Catherine Rampell, economics editor at The Bulwark.
To hear their conversation, click the play button.