The Rise of Electric Vehicles, Oil Demand Decline, and Federal Reserve's Interest Rate Hold (+5 more stories) episode artwork

EPISODE · Jun 14, 2023 · 7 MIN

The Rise of Electric Vehicles, Oil Demand Decline, and Federal Reserve's Interest Rate Hold (+5 more stories)

from The Daily Business & Finance Show · host Montgomery Jones and Amalia Dupray

The Daily Business and Finance News Show - Wednesday, 14 June 2023 Today's headlines: Electric vehicles can take a victory lap with ICE dominance in the rear-view mirror Oil demand to slow sharply by 2028, putting peak in sight - IEA Federal Reserve holds interest rate steady in June, skipping a hike 'Nearly all' Fed policymakers see more hikes appropriate this year: Jerome Powell press conference UnitedHealth drags on managed care after comments on medical costs Target gains amid activist investor speculation Nasdaq, S&P, Dow end mixed on 'hawkish' Fed dot plot, 'moderate' Powell conference Fed officials lift year-end peak rate projection to 5.6%, dot plot shows Explanations from OpenAI ChatGPT API with proprietary prompts. This podcast is produced by Klassic Studios Learn more about your ad choices. Visit megaphone.fm/adchoices

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The Rise of Electric Vehicles, Oil Demand Decline, and Federal Reserve's Interest Rate Hold (+5 more stories)

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