Bloomberg Surveillance cover image

The Dollar Declines amid Trump Frustration with Powell

Bloomberg Surveillance

00:00

Economic Strains and the Impact on Consumer Spending

This chapter explores the financial challenges faced by lower-income workers, focusing on their dependence on consumer credit amidst economic pressures. The speakers discuss the impact of market disruptions and the Federal Reserve's cautious approach to potential rate cuts in response to rising unemployment.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app