Fed's Barkin: Risks Are Tilted a Little More to the Downside

The video discusses Chairman Powell's testimony and its impact on market expectations for a rate cut. It analyzes economic indicators like CPI and PCE, and their influence on market reactions. The speaker shares insights on the economy, highlighting strong consumer spending and a tight labor market, but notes concerns about business confidence and investment. Business leaders express cautious optimism, with strong current demand but uncertainty about future trends.

What is the general sentiment among CEOs about the economy and its future?

What insights did the speaker gain from discussions with consumer companies' CFOs regarding demand?