Countdown to Shutdown, Austan Goolsbee on Inflation, and We’re Singing in the Rain 9/25/23

The government funding deadline – midnight on October 1st – is looming and the likelihood of a federal shutdown is high. Pimco’s head of public policy, Libby Cantrill, describes the gamesmanship in Washington and weighs in on its potential impact to investors and consumers . Inflation persists in spite of the Federal Reserve’s rate hike strategy. Chicago Fed President Austan Goolsbee defends the central bank’s goals, arguing that avoiding a recession is still possible – but inflation remains a risk. Puck’s Matt Belloni on the tentative deal between the WGA and Hollywood studios to end the 4 month-long writers strike, Taylor Swift upstages the NFL and Tinder offering subscriptions for seriously-motivated daters. Plus, the earworms we can’t stop singing! Matt Belloni 04:32 Emily Wilkins 14:49 Libby Cantrill 16:42 Austan Goolsbee 25:17 In this episode: Matthew Belloni, @mattbelloni Emily Wilkins, @emrwilkins Libby Cantrill, @Pimco Austan Goolsbee, @Austan_Goolsbee Joe Kernen, @JoeSquawk Becky Quick, @BeckyQuick Katie Kramer, @Kramer_Katie Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.