Fed Hikes Rates For First Time In 3 Years — Here’s Why It Matters

Ed Elson is joined by Robert Armstrong to break down the Fed’s decision to raise interest rates and what a high rate environment means for the markets. Then, Alice Han returns to break down how China has responded to the AI apocalypse fears in the U.S. Finally, Ed shares his thoughts on the news that the EU invited Canada to become its first associate member.

Robert Armstrong is the author of the Unhedged Newsletter and US financial commentator for the Financial Times. Alice Han is a Director at Greenmantle.

Subscribe to the Prof G Markets Youtube Channel (youtube.com/@profgmarkets)

Follow Prof G Markets on Instagram (instagram.com/profgmarkets/?hl=en)

Follow Ed on Instagram (instagram.com/ed_elson_), X (x.com/edels0n?ref_src=twsrc%5Egoogle%7Ctwcamp%…) and Substack (substack.com/@edwardelson)

Follow Scott onInstagram (instagram.com/profgalloway/?hl=en)

Send us your questions or comments by emailing Markets@profgmedia.com

Learn more about your ad choices. Visit podcastchoices.com/adchoices