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Transcripts For FBC WSJ At Large With Gerry Baker 20240714

Greater urgency to cut rates much more aggressively, but for now at least it seems the central bank is planning to take its own sweet time with only gentle rate cuts likely in the fall. The u. S. Economy, meanwhile, continues to perform well. With unemployment near a 50year low and wages rising. But theres a lot of uncertainty out there. The biggest source concerns the global economy. Now, when hes not picking on jay powell, the fed chair, the president s been going after china, raising tariffs on that countrys exports to the u. S. Beijing, of course, has retaliated. This weekend a new round of higher u. S. Tariffs is due to go into effect, although this week President Trump did say that the two sides were till talking, raising some hopes in Financial Markets that perhaps tariff increases by both sides might be averted. Now, this trade battle continues to keep businesses on edge, but the president says its essential to get china to change its unfair ways in the way it goes about doing

Transcripts For FBC WSJ At Large With Gerry Baker 20240714

Greater urgency to cut rates much more aggressively, but for now at least it seems the central bank is planning to take its own sweet time with only gentle rate cuts likely in the fall. The u. S. Economy, meanwhile, continues to perform well. With unemployment near a 50year low and wages rising. But theres a lot of uncertainty out there. The biggest source concerns the global economy. Now, when hes not picking on jay powell, the fed chair, the president s been going after china, raising tariffs on that countrys exports to the u. S. Beijing, of course, has retaliated. This weekend a new round of higher u. S. Tariffs is due to go into effect, although this week President Trump did say that the two sides were till talking, raising some hopes in Financial Markets that perhaps tariff increases by both sides might be averted. Now, this trade battle continues to keep businesses on edge, but the president says its essential to get china to change its unfair ways in the way it goes about doing

Transcripts For FBC WSJ At Large With Gerry Baker 20240714

Greater urgency to cut rates much more aggressively, but for now at least it seems the central bank is planning to take its own sweet time with only gentle rate cuts likely in the fall. The u. S. Economy, meanwhile, continues to perform well. With unemployment near a 50year low and wages rising. But theres a lot of uncertainty out there. The biggest source concerns the global economy. Now, when hes not picking on jay powell, the fed chair, the president s been going after china, raising tariffs on that countrys exports to the u. S. Beijing, of course, has retaliated. This weekend a new round of higher u. S. Tariffs is due to go into effect, although this week President Trump did say that the two sides were till talking, raising some hopes in Financial Markets that perhaps tariff increases by both sides might be averted. Now, this trade battle continues to keep businesses on edge, but the president says its essential to get china to change its unfair ways in the way it goes about doing

Transcripts For FBC WSJ At Large With Gerry Baker 20240714

Greater urgency to cut rates much more aggressively, but for now at least it seems the central bank is planning to take its own sweet time with only gentle rate cuts likely in the fall. The u. S. Economy, meanwhile, continues to perform well. With unemployment near a 50year low and wages rising. But theres a lot of uncertainty out there. The biggest source concerns the global economy. Now, when hes not picking on jay powell, the fed chair, the president s been going after china, raising tariffs on that countrys exports to the u. S. Beijing, of course, has retaliated. This weekend a new round of higher u. S. Tariffs is due to go into effect, although this week President Trump did say that the two sides were till talking, raising some hopes in Financial Markets that perhaps tariff increases by both sides might be averted. Now, this trade battle continues to keep businesses on edge, but the president says its essential to get china to change its unfair ways in the way it goes about doing

Transcripts For FBC WSJ At Large With Gerry Baker 20240714

Greater urgency to cut rates much more aggressively, but for now at least it seems the central bank is planning to take its own sweet time with only gentle rate cuts likely in the fall. The u. S. Economy, meanwhile, continues to perform well. With unemployment near a 50year low and wages rising. But theres a lot of uncertainty out there. The biggest source concerns the global economy. Now, when hes not picking on jay powell, the fed chair, the president s been going after china, raising tariffs on that countrys exports to the u. S. Beijing, of course, has retaliated. This weekend a new round of higher u. S. Tariffs is due to go into effect, although this week President Trump did say that the two sides were till talking, raising some hopes in Financial Markets that perhaps tariff increases by both sides might be averted. Now, this trade battle continues to keep businesses on edge, but the president says its essential to get china to change its unfair ways in the way it goes about doing

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