Pierre Bien-Aimé

I think the potential of agentic is to rethink how work gets done overall.

It challenges all sorts of traditional orthodoxies around how organizations execute the work at hand.

Here's your midday brief for Friday, March 27th.

I'm Pierre Bien-Aimé for The Wall Street Journal.

Traders see no chance the Federal Reserve will cut interest rates this year.

According to CME Group data, derivatives markets show zero odds of a cut, down from a 1.3% chance yesterday.

And markets are pricing a 54% chance of at least one interest rate hike.

The war in the Middle East has changed the outlook for central banks around the world, which now face both higher inflation and slower growth.

Today's show co-anchor Savannah Guthrie will return to the morning program on Monday, April 6th.

She's been off the show since her mother, Nancy Guthrie, was reported missing from her home in Arizona on February 1st.

No arrests have been made in the case.

Savannah Guthrie joined today as a co-host in 2011 and has been a staple presence in the homes of millions across America.

And Meta Platforms has agreed to fund the massive energy infrastructure needed for a $27 billion data center project under construction in Louisiana.

It'll pay for seven new natural gas power plants, 240 miles of transmission lines, and battery energy storage.

Across much of the U.S., the growth of data centers has led to taxed energy grids and surging electricity prices, prompting calls for tech companies to provide for their own energy needs.

Heads Up, an artificial intelligence tool, helped us make this episode by creating summaries that were based on WSJ reporting and then reviewed and adapted by an editor.

We'll have more coverage of the day's news on the WSJ's What's News podcast.

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Alex, what do we know about the current state of these negotiations?

Who is leading them?