HE - Wall Street Breakfast Podcast: Fed's Restrictive Policy Needs More Time To Work
2024-04-17 06:53:46 ET
Summary
- Federal Reserve Chair Jerome Powell says restrictive policy needs more time to work as inflation remains a concern.
- Take-Two Interactive announces a 5% reduction in its workforce and the scrapping of several projects.
- Hawaiian Electric's stock plunges as a wildfire probe does not fault first responders.
Listen below or on the go on Apple Podcasts and Spotify
Federal Reserve's restrictive policy needs more time to work, Jerome Powell says. (00:28) Theft Auto publisher Take-Two Interactive to lay off 5% of workforce. (01:24) Hawaiian Electric hits 40-year low as wildfire probe does not fault first responders. (02:38)...
Wall Street Breakfast Podcast: Fed's Restrictive Policy Needs More Time To Work