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2min chapter
Bloomberg Surveillance TV: May 7, 2024
Bloomberg Surveillance
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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