Could High Rent Force Fed's Hand? // Movie Theaters Still Struggling // China Labor Practices - 8/9 (Hour 2)

The Financial Exchange Show - A podcast by The Financial Exchange Network

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(1:18) - The Federal Reserve has been firm in its stance that most of the inflation we are seeing in the economy right now is transitory. However, with the cost of rent on the rise, Jay Powell and the Fed may feel more pressure to raise interest rates sooner than anticipated.(12:12) - Although many Covid-19 restrictions across the country have been loosened, movie theaters are still struggling to get back on their feet. Another factor that is heavily contributing to this is major movies going straight to streaming services.(22:46) - The U.S. is starting to step up pressure on certain companies over labor practices in China that are notoriously unacceptable. This, combined with unfinished trade talks, could only heighten the tension between the two powerhouse nations.(32:15) - Stack roulette.