The Fed’s Rift Over Rate Cuts & Mamdani Wins NYC’s Mayoral Primary
Episode 612: Neal and Toby recap Fed Chair Jerome Powell’s address to Congress, throwing cold water on any hope for a rate cut, but some officials are beginning to break rank. Then, Zohran Mamdani wins over Andrew Cuomo for NYC’s Democratic mayoral primary. Meanwhile, conflict in the Middle East and Eastern Europe has forced flights to fly around those regions, causing a spike in costs and danger. Also, the wedding of Jeff Bezos and Lauren Sanchez has caused quite a stir for the people of Venice who are trying to rain on his special day.
00:00 - It’s very hot in the East Coast
3:20 - Zohran Mamdani wins NYC’s mayoral primary
8:00 - Dissension within the Fed
11:30 - Planes fly around war zones
16:45 - Bezos’ wedding woes
21:00 - Sprint Finish!
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