Facing Off Inflation; The Next Variant; Buckling Up for Booze

Thanks to the Fed’s emergency stimulus measures, the U.S. economy saw its fastest pace of growth since the 1980s in 2021. To combat the resulting inflation however, the Fed plans to dial those measures back, starting with a rate hike in March. Carlos Gutierrez, former Commerce Secretary, former CEO of Kellogg’s, and co-founder of Empath, says that CEOs will have to deal with inflation now, whether it’s transitory or not. In the face of yet another Covid-19 variant, Dr. Scott Gottlieb, former FDA commissioner and CNBC contributor, breaks down what experts know about BA.2. Plus, Apple reported its best single quarter revenue ever despite supply challenges, and Southwest Airlines is considering a return of in-flight booze. In this episode: Carlos Gutierrez Scott Gottlieb, @ScottGottliebMD Joe Kernen, @JoeSquawk Becky Quick, @BeckyQuick Andrew Ross Sorkin, @andrewrsorkin Katie Kramer, @Kramer_Katie