Warsh Faces Intensifying Pressure to Raise Rates After Hot CPI

The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: bit.ly/3vTiACF
Federal Reserve Chairman Kevin Warsh faces intense pressure to raise interest rates at next week’s policy meeting after a highly anticipated inflation report showed US consumer prices marched higher last month. It comes as US diesel prices rose above $6 a gallon for the first time ever, as the conflict in the Middle East expands with Houthi rebels attacking a key Saudi energy facility.
On today's episode:
• Frank Monkam, Bloomberg Macro Strategist & Ira Jersey, Bloomberg Intelligence US Interest Rate Strategist
• Veena Ali-Khan, Bloomberg News Reporter
• Mike Codella, NYPD Sergeant and author of the book, ‘The Evil that Walked New York’
• Joe Daniels, Former President & CEO of the National September 11 Memorial & Museum
See omnystudio.com/listener for privacy information.