Fed ‘Indecision’, and Champagne’s Bubble Bursting? 5/24/23

from Power Lunch · host CNBC

Federal Reserve officials were divided at their last meeting over where to go with interest rates, with some members seeing the need for more increases while others expected a slowdown in growth to remove the need to tighten further, according to the latest minutes. We’ll explore where the FOMC goes from here, and what it means for markets & the economy.Plus, champagne sales were booming coming out of the pandemic. But will the slowing economy and environment factors burst the champagne market’s bubble? We’ll ask the CEO of Moët & Chandon. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

What this episode covers

Federal Reserve officials were divided at their last meeting over where to go with interest rates, with some members seeing the need for more increases while others expected a slowdown in growth to remove the need to tighten further, according to the latest minutes. We’ll explore where the FOMC goes from here, and what it means for markets & the economy. Plus, champagne sales were booming coming out of the pandemic. But will the slowing economy and environment factors burst the champagne market’s bubble? We’ll ask the CEO of Moët & Chandon.

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Fed ‘Indecision’, and Champagne’s Bubble Bursting? 5/24/23

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This episode was published on May 24, 2023.

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