Bloomberg Surveillance TV: April 18, 2024
Bloomberg Surveillance
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Navigating Rate Cuts and Potential Rate Hikes
The chapter explores Pangol of UBS's prediction of two rate cuts initially, potentially followed by a significant increase to six and a half percent by the Fed next year. The discussion revolves around the economic growth, labor market strength, and inflation concerns that pose a challenge for the central bank to maintain price stability amidst the need for higher interest rates.
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