Macrocast: Powell's balancing act
The Penta Podcast Channel
<p>In this week's episode of the Macrocast, John and Brendan of Markets Policy Partners, alongside guest host Bryan DeAngelis, Partner and Head of the Washington Office at Penta Group, dissect the Federal Reserve's decision to maintain status quo and Chairman Powell's understated approach. They also weigh in on potential economic storm clouds such as China's economic outlook, rising energy costs, and the impending government shutdown. The latest jobs report revealed a major slowdown in job gains, but our hosts contextualize the data by calling out events, like the UAW strike, that may have contributed to lower numbers. Additionally, they discuss how the upcoming electoral season's uncertainty could possibly sway the Fed's behavior. </p>