The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF

The Federal Reserve raised interest rates by a quarter percentage point and penciled in an additional hike later this year, steps aimed at containing inflation that will test Chairman Kevin Warsh’s relationship with President Donald Trump. Following the US central bank’s first rate increase since July 2023, Warsh restated his concerns over inflation, saying too many categories of products and services were showing annualized price gains above 3% on a 6- and 12-month basis.

On today's episode, Carol Massar and Tim Stenovec come to you live from Future Proof in Huntington, California:
Michael McKee, Bloomberg News International Economics & Policy Correspondent
Stephanie Aliaga, Global Market Strategist at JPMorgan Asset Management
Manju Boraiah, Head of Systematic Fixed Income & Custom SMA Portfolio Management at Allspring Global Investments
Tracy Alloway and Joe Weisenthal, Co-Hosts of Bloomberg's Odd Lots Podcast

The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: <a href="http://bit.ly/3vTiACF">http://bit.ly/3vTiACF</a> The Federal Reserve raised interest rates by a quarter percentage point and penciled in an additional hike later this year, steps aimed at containing inflation that will test Chairman&nbsp;Kevin Warsh&rsquo;s relationship with President Donald Trump. Following the US central bank&rsquo;s first rate increase since July 2023, Warsh restated his concerns over inflation, saying too many categories of products and services were showing annualized price gains above 3% on a 6- and 12-month basis. On today's episode, Carol Massar and Tim Stenovec come to you live from Future Proof in Huntington, California:
<ul>
<li>Michael McKee, Bloomberg News International Economics &amp; Policy Correspondent</li>
<li>Stephanie Aliaga, Global Market Strategist at JPMorgan Asset Management</li>
<li>Manju Boraiah, Head of Systematic Fixed Income &amp; Custom SMA Portfolio Management at Allspring Global Investments</li>
<li>Tracy Alloway and Joe Weisenthal, Co-Hosts of Bloomberg's Odd Lots Podcast</li>
</ul>

Listen for reporting from the magazine that helps global leaders stay ahead. Hosts Carol Massar and Tim Stenovec cover the changing world of money, power and technology. You can watch and listen to Businessweek LIVE on YouTube, weekdays from 2PM to 5PM ET: http://bit.ly/3vTiACF. 

Listen for reporting from the magazine that helps global leaders stay ahead. Hosts Carol Massar and Tim Stenovec cover the changing world of money, power and technology.&nbsp;You can watch and listen to Businessweek LIVE on YouTube, weekdays from 2PM to 5PM ET:&nbsp;<a href="http://bit.ly/3vTiACF">http://bit.ly/3vTiACF</a>.&nbsp;

Carol Massar and Tim Stenovec bring together the latest news from the world of business and finance and the interesting stories of global technology, politics, economics and more by harnessing the power of Bloomberg Businessweek reporters and editors.

Bloomberg Businessweek

Fed Raises Rates as Warsh Bucks Trump to Contain Inflation, Future Proof Day Two

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