One Fed Policy Can’t Fix a Two-Speed Economy, Says Janasiewicz

Jack Janasiewicz, Lead Investment Strategist at Natixis, says the U.S.

economy is operating with two different neutral interest rates: one for rate-sensitive sectors and another for AI investment.

He explains why additional Fed hikes could hurt housing without meaningfully slowing hyperscaler spending.

Janasiewicz speaks with Bloomberg's Tom Keene and Paul Sweeney.