Powell Stays Hawkish, Injectables Boost Profits, and Zillow Home Loan’s 1% Down Payment 8/25/23

Powell sticking to his 2% inflation target and slightly hawkish stance at Jackson Hole, but one economist says it won’t be rate hikes that get us there.

Packaging company Aptar Group seeing a 50% spike in sales in its pharma sales business last quarter, thanks to rising popularity of drugs like Wegovy and Ozempic…the CEO joins us to discuss. 

Plus, Zillow Home Loans launching a loan for qualified borrowers requiring just 1% down payment to help more potential homebuyers break into the market. A fix for affordability or a recipe for a mortgage meltdown?