Bloomberg Surveillance TV: September 9, 2024
Bloomberg Surveillance
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Fiscal Challenges and Political Dynamics
This chapter delves into the pressing fiscal issues the United States faces, underscoring the need for sustainable financial management to preserve the dollar's reserve currency status. It discusses the current legislative efforts to avoid a government shutdown, the political climate surrounding funding and elections, and the implications of tax policies and corporate rates in light of budget deficits. Furthermore, the chapter emphasizes the Federal Reserve's role in maintaining price stability while managing interest rates amidst these fiscal concerns.
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