Discussion on Fed decisions, bank earnings, Delta's struggles, AMD acquisition, and Costco price raise.

From Nasdaq: 2024-07-16 19:44:15

The Motley Fool podcast discusses the factors Jerome Powell and Jamie Dimon consider in the interest rate picture. Mixed bank earnings are highlighted, along with Delta’s struggles in the airline industry. AMD makes an acquisition in AI, while Costco raises membership prices. Stocks to watch include e.l.f. Beauty and Charles Schwab. Fed Chair Powell hints at rate cuts, with employment and inflation in focus. Jamie Dimon warns of inflationary pressures. The Fed faces a dual mandate of balancing employment and inflation. They aim for a soft landing in the economy. Fed’s liquidity decisions affect the market 6-9 months later. Dimon predicts inflation despite current decreases.



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