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Bloomberg Surveillance TV: May 7, 2024

Bloomberg Surveillance

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Analysis of Wage Impact on Labor Market and Potential Economic Slowdown

Exploring the potential effects of decreasing wages in certain sectors caused by neighboring countries' rate cuts, including a tightening labor market, wage pressures, and a potential demand slowdown. The chapter also highlights the impact of high interest rates and forecasts an economic slowdown, indicating an anticipated interest rate cut by the Federal Reserve.

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