Federal Reserve Bank of Minneapolis President Neel Kashkari shared his thoughts on interest rates, stating that he doesn't expect a rate hike in the near future. Meanwhile, Qualcomm unveiled its new smartphone chip, designed for 5G and AI applications. Additionally, market trends suggest an increase in merger and acquisition activity.

Source: https://www.bloomberg.com/news/audio/2024-10-21/kashkari-on-rates-qualcomm-unveils-new-smartphone-chip-more