IBKR Podcasts

Market intelligence, investing strategy, and financial technology.

355: Dual Mandate Dilemma: Inflation vs. Jobs Amid AI Investment, Slowing Hiring, and Rate-Cut Uncertainty

Jeffrey Praissman sits down with Michael Normyle, NASDAQ’s economist, to unpack the Fed’s latest message—and why balancing inflation and employment has gotten harder. They discuss AI data-center investment and why it boosts growth more than jobs, how reduced i...

Show Notes

Jeffrey Praissman sits down with Michael Normyle, NASDAQ’s economist, to unpack the Fed’s latest message—and why balancing inflation and employment has gotten harder. They discuss AI data-center investment and why it boosts growth more than jobs, how reduced immigration changes the “break-even” pace of hiring, what’s driving today’s uncertainty, and why small businesses feel higher rates more than large caps.

Episode Transcript

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