Minutes Show Officials Rallying Around Higher-for-Longer Rates

Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF. Bloomberg News International Economics & Policy Correspondent Michael McKee reports on Federal Reserve officials earlier this month coalescing around a desire to hold interest rates higher for longer and “many” questioned whether policy was restrictive enough to bring inflation down to their target. Bloomberg News Retail Reporter Jaewon Kang and Bloomberg Intelligence Senior Retail Analyst Mary Ross Gilbert break down earnings from Target and TJ Maxx. Amy Davis, President of Accelera by Cummins, discusses the company's energy transition efforts for commercial vehicles. Aparna Khurjekar, Chief Revenue Officer for Business Markets and SaaS at Verizon Business, shares the challenges and opportunities facing Latino small businesses. And we Drive to the Close with Katy Kaminski, Chief Research Strategist at AlphaSimplex. Hosts: Carol Massar and Tim Stenovec. Producer: Paul Brennan. See omnystudio.com/listener for privacy information.