Bloomberg Businessweek

Fed Continues to be Patient, Bank CEOs Grilled by Lawmakers, Search for Long-Lost Gold

Informações:

Sinopsis

Putri Pascualy, Managing Director at PAAMCO, breaks down the minutes of the FOMC March meeting which show policy makers grappled with uncertainties as they scrapped forecasts for interest-rate hikes in 2019, even while voicing the need to maintain policy flexibility. Michelle Davis, Bloomberg News Finance Reporter, discusses the chiefs of the largest U.S. banks, including JPMorgan Chase CEO Jamie Dimon, being grilled by lawmakers on everything from regulation to a lack of diversity in the industry. Joe Nocera, Bloomberg Opinion Columnist, shares details from his Businessweek cover story about a Dominican family’s search for a long–lost, almost certainly fictional Swiss bank account full of gold. Jon Erlichman, Anchor of BNN Bloomberg's The Open, talks about Uber getting closer to going public and investor’s concerns about the ride-hailing company’s profitability. And we Drive to the Close with JJ Kinahan, Chief Market Strategist at TD Ameritrade.Hosts: Carol Massar and Jason Kelly.  Producer: Paul Brenna