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Bloomberg Surveillance TV: July 5, 2024

Bloomberg Surveillance

CHAPTER

Analyzing Labor Market Figures and Fed's Focus

The chapter provides insights on the latest labor market figures, discussing revisions, the unemployment rate, and their alignment with a potential slowdown in the labor market. Speakers delve into the Fed's cautious stance on rate cuts, the impact of job quality on wages, and the factors influencing inflation trends. Additionally, there is emphasis on interpreting economic indicators for September, the Federal Reserve's response to market conditions, and recommendations for handling portfolio duration in light of fiscal policy challenges.

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