Banks, Powell, Crypto, and Jamie Dimon (Podcast)
Bloomberg Intelligence
00:00
Fed Watchers Say 50 Basis Points Might Be Back on the Table
The weather people are now saying that El Nino is likely going to start this summer. And so, you know, we had a warm winter here in the East Coast because of El Nino. But El Nino, what it brings is a lot of precipitation to the south and flooding off there. So we are probably looking at a second half of this year with a lot ofWeather precipitation that could dampen economic activity. That's not our baseline. Powell will just leave the door open for anything in his testimony this week.
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