US Inflation Ebbs for First Time in Six Months in Relief for Fed

Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF. Bloomberg News Economics Editor Molly Smith, Bloomberg Intelligence Chief US Interest Rate Strategist Ira Jersey and Bloomberg Economics US economist Stuart Paul discuss the US core consumer price index cooling in April for the first time in six months, a small step in the right direction for Federal Reserve officials looking to start cutting interest rates this year. Raelan Lambert, Global Alternatives Leader at Mercer Alternatives, talks about investing in alternative assets. Bloomberg Businessweek Editor Brad Stone explains how Silicon Valley is searching for its piece of the action in AI. Bloomberg News Labor Reporter Josh Eidelson shares the details of his Businessweek Magazine story Corporate America Never Really Stopped Relying on Forced Labor. And we Drive to the Close with Luca Paolini, Chief Market Strategist at Picet Asset Management. Hosts: Carol Massar and Tim Stenovec. Producer: Paul Brennan.See omnystudio.com/listener for privacy information.