December hike still in question
Notas del episodio
The Federal Reserve holds rates steady, but Chair Kevin Warsh keeps the door open to a December hike. Alphabet shares tumble as investors question another quarter of heavy AI spending, while Microsoft and Oracle win praise for a more disciplined approach. And the European Central Bank faces growing pressure from French debt worries and soaring gas prices.
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Today's recommended read: Biggest market impact of US midterms may be 2028 countdown by Mike Dolan
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Produced by Abisoye Osundairo.
Sound engineering and music by Sebastian and Josh Sommer.
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