Bloomberg Surveillance TV: July 15, 2024
Bloomberg Surveillance
Impacts of Potential Rate Cut and RNC Unity
The chapter explores the potential effects of a rate cut in September on banks, particularly focusing on its impact on net interest income. It also discusses former President Donald Trump's attempts to unify the Republican Party after an assassination attempt at a rally, along with insights from the former Republican governor of Virginia on expected changes at the RNC. Criticisms are raised towards President Biden's language and the importance of promoting unity amidst the current political climate are highlighted.
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