Corporate cash managers need to pull themselves up the learning curve so that they’re ready to invest in tokenized money-market funds once safeguards for liquidity, safety, and yield are firmly in place.
“Immigration was an important driver of the labor market rebalancing [after the Covid-19 pandemic]. Reduced immigration could therefore fuel renewed inflationary pressures.”
Today on Bloomberg’s “The Big Take” podcast, John Authers and David Gura discussed official and unofficial recession indicators and what the state of the economy tells us about what could lie ahead. This is a lightly edited version of their conversation.
If consumers lose faith in the central bank’s ability to control inflation, the Fed will require more draconian measures to contain tariff-related price spikes.