Fed Minutes Show Several Saw Case for Cutting Rates in July
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Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF. Bloomberg News International Economics & Policy Correspondent Michael McKee reports that several Federal Reserve officials acknowledged there was a plausible case for cutting interest rates at their July 30-31 meeting before the central bank’s policy committee voted unanimously to keep them steady. Bloomberg News Technology Editor Olivia Solon explains how tech tycoon Mike Lynch’s luxury yacht sank within minutes off Sicily. Bloomberg Intelligence Senior Retail Analysts Jennifer Bartashus and Mary Ross Gilbert provide a deep dive into retail earnings and consumer outlook. And we Drive to the Close with Abby Roach, Portfolio Manager for the Empiric LT Equity Team at Allspring Global Investments.Hosts: Carol Massar and Tim Stenovec. Producer: Paul Brennan. See omnystudio.com/listener for privacy information.