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Biden Meets With Powell as Inflation Battle Heats Up

A summer preview of key macroeconomic discussions.

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Published on: May 31, 2022

This episode is sponsored by Nexo.io, NEAR and FTX US.

“Sell in May and go away,” says the old market aphorism. Today on “The Breakdown,” NLW previews a set of discussions he believes will shape markets this summer:

  • The inflation battle – the Federal Reserve’s Jerome Powell meets with President Biden
  • The energy battle – the European Union bans the majority of Russian oil
  • The crypto regulation battle – the U.S. is expecting major legislation from senators Cynthia Lummis (R-Wyo.) and Kirsten Gillibrand (D-N.Y.) in June

“The Breakdown” is written, produced by and features Nathaniel Whittemore aka NLW, with editing by Rob Mitchell, research by Scott Hill and additional production support by Eleanor Pahl. Jared Schwartz is our executive producer and our theme music is “Countdown” by Neon Beach. The music you heard today behind our sponsors is “Catnip” by Famous Cats and “I Don't Know How To Explain It” by Aaron Sprinkle. Image credit: Kevin Dietsch/Getty Images, modified by CoinDesk. Join the discussion at discord.gg/VrKRrfKCz8.