Hoping for the End of Hikes & Pushing for Packages in Washington 12/04/23 episode artwork

EPISODE · Dec 4, 2023 · 29 MIN

Hoping for the End of Hikes & Pushing for Packages in Washington 12/04/23

from Squawk Pod · host CNBC

After Fed Chair Jay Powell’s comments on Friday, investors are hopeful that the Federal Reserve is done hiking interest rates, and the interest rate environment has led to highs in the Dow Jones Industrial Average, gold prices, and bitcoin. Restaurateur Cameron Mitchell shares his consumer’s spending habits in the inflationary environment, including new trends in how Americans are dining out. Plus, Israeli forces announced an expansion of ground attacks against Hamas in Gaza, Yemen’s Iran-backed Houthi military group attacked commercial vessels in the Red Sea, and the US Senate is in the midst of heated negotiations to pass aid packages to Israel and Ukraine. Senator Roger Marshall (R-Kansas) explains his perspective on Washington’s priorities, balancing geopolitical obligations of emergency aid in warzones and domestic goals like border security.  Sen. Roger Marshall - 13:20Cameron Mitchell - 22:13 In this episode:Sen. Roger Marshall, @RogerMarshallMDAndrew Ross Sorkin, @andrewrsorkinBecky Quick, @BeckyQuickJoe Kernen, @JoeSquawkCameron Costa, @CameronCostaNY Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

After Fed Chair Jay Powell’s comments on Friday, investors are hopeful that the Federal Reserve is done hiking interest rates, and the interest rate environment has led to highs in the Dow Jones Industrial Average, gold prices, and bitcoin. Restaurateur Cameron Mitchell shares his consumer’s spending habits in the inflationary environment, including new trends in how Americans are dining out. Plus, Israeli forces announced an expansion of ground attacks against Hamas in Gaza, Yemen’s Iran-backed Houthi military group attacked commercial vessels in the Red Sea, and the US Senate is in the midst of heated negotiations to pass aid packages to Israel and Ukraine. Senator Roger Marshall (R-Kansas) explains his perspective on Washington’s priorities, balancing geopolitical obligations of emergency aid in warzones and domestic goals like border security. Sen. Roger Marshall - 13:20 Cameron Mitchell - 22:13 In this episode: Sen. Roger Marshall, @RogerMarshallMD Andrew Ross Sorkin, @andrewrsorkin Becky Quick, @BeckyQuick Joe Kernen, @JoeSquawk Cameron Costa, @CameronCostaNY

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Hoping for the End of Hikes & Pushing for Packages in Washington 12/04/23

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This episode was published on December 4, 2023.

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After Fed Chair Jay Powell’s comments on Friday, investors are hopeful that the Federal Reserve is done hiking interest rates, and the interest rate environment has led to highs in the Dow Jones Industrial Average, gold prices, and bitcoin....

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