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2025-03-27 22:23:24
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Watch All-In E183Read our Creator Economy Deep DiveCaught My Eye…The Labor Department reported Wednesday that CPI held steady at 3.3%. Later that day, Powell announced during June’s FOMC meeting that he is looking for signs that inflation is moving towards the Fed’s 2% target before considering rate cuts. This marks a shift in stance from recent meetings where Powell suggested that the Fed would cut rates during the latter half of this year. Why the shift? Experts believe Powell is keen to protect his credibility and avoid cutting rates prematurely, especially after being criticized for reacting too slowly to rising inflation in 2021.Apple announced Apple Intelligence, a platform that leverages generative AI and users' personal data to enhance their devices' capabilities. Notably, this includes a system-wide integration with ChatGPT, which allows Siri to delegate complex user requests to ChatGPT. This marks a significant shift from Apple's walled garden approach, granting OpenAI access...
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Chamath Palihapitiya
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