The Fed Raises Interest Rates For the First Time in Three Years
Summary
The Federal Reserve raised interest rates for the first time in three years, signaling that inflation remains too high and suggesting further hikes are likely this year. In the Middle East, Houthi rebels escalated their campaign by seizing a key oil corridor and shooting down a Saudi fighter jet, threatening global energy supplies. Additionally, the Trump administration plans a $2.8 billion arms sale to Israel, while business leaders continue to debate the need for AI regulation.
Topics discussed
Sponsor: ReliaQuest Agent Defense AI
Show intro and top headlines summary
Fed raises interest rates: Interview with Matt Grossman
Market reaction to Fed decision
Sponsor: Spectrum Business AI Accelerator
Business leaders debate AI regulation
CDC delays distribution of child flu shots
US plans $2.8B arms sale to Israel
Houthis seize Bab el-Mandeb strait
Houthi conflict analysis: Interview with John Gambrill
Sign-off and production credits
Sponsor: KPMG Private
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