Fed President Neel Kashkari, Funemployment, & Boos at B.U. 5/22/23
10 days away from the debt ceiling deadline, President Joe Biden and House Speaker Kevin McCarthy will meet to negotiate. Minneapolis Fed President Neel Kashkari weighs in on the high stakes for that negotiation, as well as the Federal Reserve’s inflation battle. As a voting member of the Federal Reserve, he insists, a hiking pause in June wouldn’t indicate an end to this hiking cycle. Warner Bros. Discovery CEO David Zaslav delivered the commencement speech for Boston University graduates, but some students on campus booed and protested in support of the writers’ strike in the TV and entertainment industry. Plus, young generations are less committed to their employers; NYU Stern School professor Suzy Welch discusses “funemployment” and a shift away from lifelong company loyalty. In this episode: Neel Kashkari, @neelkashkari Becky Quick, @BeckyQuick Mike Santoli @michaelsantoli Steve Liesman, @steveliesman Kayla Tausche, @kaylatausche Katie Kramer, @Kramer_Katie
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