Fed Meets Amidst "Most Confusing Economy Yet"
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The Federal Reserve kicked off a two-day meeting Tuesday after raising interest rates after its previous meeting in September. But as Bloomberg News Federal Reserve and Economy Reporter Enda Curran argues, the Fed is facing its most "confusing" economy yet. Consumer spending is strong, but sentiment is weak, and the economy is experiencing conflicting signals, including high bond yields and slow wage growth.
On today's episode:
- Enda Curran, Bloomberg News Federal Reserve and Economy Reporter
- Chris Merrill, CEO at Harrison Street Asset Management
- Tim Arndt, CFO at Prologis
- Justina Lee, Bloomberg News Senior Markets Reporter
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