No Landing is Not Ok; Zombie Office Buildings and Climate Change on Trial on Montana 8/15/23

While the Fed hopes for a soft landing for the economy, “no landing” may not be acceptable and could require additional rate hikes. CNBC’s Steve Liesman reports on the latest economic data and what it signals for Federal Reserve policy.  Former Kansas City Fed President Esther George weighs in on what the Fed is watching in the economy.  Commercial real estate CEO Scott Rechler of RXR says that some office buildings have what it takes to lure remote workers in and some just won’t make the cut. Plus, Home Depot’s sales slide, Tesla’s launches cheaper versions of Model X and Model S and young climate activists in Montana get a big win in court. 

Esther George: 19:37

Scott Rechler: 30:59

In this episode: 
Courtney Reagan, @courtreagan

Scott Rechler, @scottrechler

Steve Liesman, @steveliesman
Michael Santoli, @michaelsantoli

Joe Kernen, @JoeSquawk

Andrew Ross Sorkin, @andrewrsorkin

Katie Kramer, @Kramer_Katie