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Podcast: Squawk Pod
Episode: Starwood Capital CEO Barry Sternlicht on the Fedâs Inflation Fight 6/22/23
Description: Federal Reserve Chair Jerome Powell cautioned on Wednesday that he and all other members of the rate-setting Federal Open Market Committee expect to raise interest rates further to bring down inflation. Barry Sternlicht, Starwood Capital chairman and CEO and chairman of Starwood Property Trust, discusses the Fedâs inflation fight, commercial real estate, market outlook, and more. The FTC on Wednesday sued Amazon, alleging it tricked customers into signing up for its Prime subscription program and intentionally complicated the cancellation process. Plus, Twitter owner Elon Musk tweeted that he is up for a fight in a âcage matchâ with Facebook C...