Fed’s Preferred Inflation Metric Increases by Most in a Year

Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF . Bloomberg News International Economics & Policy Correspondent Michael McKee discusses the Federal Reserve’s preferred gauge of underlying inflation rising in January at the fastest pace in nearly a year, helping explain policymakers’ patient approach to start cutting interest rates. Bloomberg News Reporters Gerry Smith and Madison Muller talk about WeightWatchers stock taking a hit after Oprah Winfrey announced that she is leaving the company’s board. Katie Thomas, Lead at the Kearney Consumer Institute, shares her research on the role of fandom in the current consumer mindset. And we Drive to the Close with Lauren Sanfilippo, Senior Investment Strategist for Merrill and Bank of America Private Bank. Hosts: Carol Massar and Tim Stenovec. Producer: Paul Brennan. See omnystudio.com/listener for privacy information.