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Bloomberg
Financial

Fed's Internal Rate Debate Faces New Scrutiny

Minutes from the Federal Reserve's July meeting will offer a closer look at the debate that produced three dissents in favor of a quarter-point rate increase, an unusually visible split as policymakers contend with elevated inflation and mixed economic data. Joining Joe Mathieu and Carol Massar on Bloomberg This Weekend, BMO Capital Markets Senior Economist Jennifer Lee expects the Fed to remain patient, with the firm forecasting no rate move until late 2027, when it expects the central bank to begin cutting.

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Bloomberg
Financial

Inside the Business of Ultra Luxury Travel

Luxury Travel and Event Expert Olivia Ferney sits down with Lisa Mateo, Joe Mathieu and Carol Massar on Bloomberg This Weekend and shares how she has built a business catering to ultrawealthy clients whose requests can range from six-figure vacations to elaborate celebrations, while creating a social media following of more than 1 million.

Leia mais: Inside the Business of Ultra Luxury Travel
Bloomberg
Financial

Donalds Looks to Build on DeSantis Legacy

Republican Rep. Byron Donalds is on Bloomberg This Weekend and tells hosts Joe Mathieu and Carol Massar that affordability will be central to his campaign for Florida governor, proposing changes aimed at property taxes, insurance, housing and health-care costs while promising to build on Gov. Ron DeSantis' record. Donalds, who holds a wide polling lead ahead of Tuesday's Republican primary, also defended President Donald Trump's approach to Iran despite higher gasoline prices and said he expects to earn DeSantis' support if he advances to the general election.

Leia mais: Donalds Looks to Build on DeSantis Legacy
Bloomberg
Financial

Beef Prices Stay High as US Cattle Supply Shrinks

Tyson Foods is cutting beef-processing capacity as the US cattle herd nears a five-decade low driving up livestock costs and contributing to persistent losses in beef business. Bloomberg News Agriculture Reporter Ilena Peng is on Bloomberg This Weekend and explains to hosts Joe Mathieu and Carol Massar that consumers are also pushing back against record prices, but meaningful relief may take years as the herd rebuilds, while a planned resumption of some cattle imports from Mexico could provide limited near-term help.

Leia mais: Beef Prices Stay High as US Cattle Supply Shrinks