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SQUAWK BOX, THURSDAY 25TH MAY, 2023 episode artwork

May 25, 2023 30 min

SQUAWK BOX, THURSDAY 25TH MAY, 2023

from Squawk Box Europe Express

Political wrangling over the debt ceiling continues in Washington D.C., prompting Fitch to place the U.S.’ AAA rating on negative watch. House Speaker Kevin McCarthy still manages to strike an optimistic note. There are differing opinions emerging at the Federal Reserve over the future rate path. The most recent FOMC meeting’s minutes show members now less certain that further hikes are needed. Chip maker Nvidia sees shares soar in after-hours trade, adding more than $200bn in value to take its market cap beyond $1tn as the firm posts its largest quarterly beat in 5 years. Florida Governor Ron DeSantis officially throws his hat into the 2024 presidential race. However, his Twitter Spaces announcement alongside owner Elon Musk suffers numerous technical glitches upon launch.

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SQUAWK BOX, THURSDAY 25TH MAY, 2023

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This episode was published on May 25, 2023.

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