Our central bank finds itself in a tough spot as inflation ticks higher and the Treasury Secretary tries unsuccessfully to suppress bond yields leading many to wonder if Fed policy matters much these days. With the FOMC decision on interest rates set for this week, Liz Thomas of SoFi drops in with her perspective, and the most important indicators to watch through the balance of this year. Plus, stocks have almost never been this expensive, historically speaking, but they are looking like a bargain into the future. Does the forward P/E ratio outweigh CAPE ratio? That’s the bet we are making as investors. Learn more about your ad choices. Visit podcastchoices.com/adchoices

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“What did the council decide on item 42?” — answered with the speaker and the moment.

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