The Exchange cover image

The Fed’s Inflation Fight Continues, Tesla’s Short-Term Risks, Navigating the Narrow Rally 6/21/23

The Exchange

00:00

Introduction

CNBC's Kelly Wallace and Steve Leesman break down the key takeaways from day one of the Fed meeting. Jay Powell pretty explicitly endorsed the outlook for two more rate hikes, noting that a majority of Fed officials have forecast their hikes. And the Nasdaq is the worst performer, as it sheds more than 1%.

Play episode from 00:00
Transcript

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app