Hot September CPI Spurs Fed Rate Hike Fears
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US stocks fell on Wednesday, with chipmakers leading declines after stronger than expected consumer price data raised concerns that the Federal Reserve may need to lift interest rates more aggressively than expected in coming months. Bank of America CEO Brian Moynihan joins to discuss the bank's latest earnings. MWAG CEO Meredith Whitney examines the state of the US consumer. Mandeep Singh of Bloomberg Intelligence reacts to Anthropic's pre-IPO investor day and the latest comments from Nvidia CEO Jensen Huang. Plus - Allspring's Nate Miles shares the findings from the firm's 2026 retirement study. All on the latest episode of Bloomberg Businessweek Daily. -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect wi
Tags: Brian Moynihan, Businessweek, Carol Massar, Donald Trump, Ed Ludlow, Jacqueline Corbelli, Jeff Sanders, Mandeep Singh, Michael McKee, Rob Barnett, Tim Stenovec
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