The Next Fed Hike // Bank of America Earnings // Fintech Down Half A Trillion Dollars - 7/18 (Hour 2)

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

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(0:58) - Chuck and Mike begin a busy week talking about the Federal Reserve, which is expected to raise rates by 0.75bp at their upcoming meeting.(12:21) - Discussing a Bloomberg article that presents the idea that U.S. inflation is causing a noticeable uptick in global inflation.(26:01) - Touching on Bank of America's Q2 earnings, which showed a 32% dip in profit and a 6% rise in revenue.(35:25) - A conversation about "fintech" or financial technology. This sector has lost nearly half a trillion dollars due to a myriad of factors.