Dog Days of Summer and Earnings Season

This week, the Macrocast team examines the Federal Reserve's latest policy meeting, where Chair Kevin Walsh held rates steady while maintaining his stance against forward guidance, a decision that drove Treasury yields higher and weighed on equities. The team discusses why the rate hold met expectations, yet a lack of clarity on inflation metrics and the Fed's decision-making framework left markets and analysts wanting more.The episode also covers steady policy from the Bank of Japan and Bank of England, the market impact of a major hedge fund's liquidation of AI-related positions, and MAG7 earnings that showed strong profitability alongside growing scrutiny of capital spending and reporting transparency. The team closes with a look at economic data on both sides of the Atlantic and key developments in Washington on government funding and Russia sanctions.For more about the hosts, please see below: Forbes Tate PartnersMarkets Policy Partners