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Fed vs White House: Who Blinks First?

Fed vs White House: Who Blinks First?

Schwab Network · Schwab Network

June 18, 20259m 48s

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Show Notes

Brian Glenn reacts to the FOMC decision to hold rates and Powell’s press conference. He expected a dovish tone from Powell but was surprised. He also walks through the dot plot and what it forecasts for the rest of the year. “There’s a who blinks first mentality” with the White House and tariffs, he thinks, and in the meantime, he says small and medium sized businesses are struggling.


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