Business Rundown: Charles Payne Warns “We May Be Slowing Down A Lot Faster Than The Fed Acknowledges”

Another decision from the Federal Reserve on Wednesday: they’re holding rates steady. Chairman Jerome Powell signaled optimism about the inflation fight but says one positive report isn’t a sign for celebration just yet. In the world of tech, Tesla’s Elon Musk made headlines at the company’s 2024 annual shareholder meeting, telling attendees that he believes Robotaxis and Optimus robots could bring Tesla’s market cap to 25 trillion dollars.  Kelly O’Grady speaks with the host of Making Money with Charles Payne on FOX Business, Charles Payne, about the impact of Jerome Powell's rate-cut caution, Musk’s ambitious goals, and differing economic visions among the 2024 candidates. Learn more about your ad choices. Visit megaphone.fm/adchoices