
Daybreak Weekend: Biden Prepares for Xi Meeting, Inflation Data, Government Shutdown
Bloomberg Daybreak: Europe Edition
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US Economy: Inflation and Forecast
This chapter focuses on the US economy, specifically inflation and its impact on the Fed's decisions. The upcoming consumer price index (CPI) and producer price index (PPI) readings are discussed, highlighting factors such as gasoline prices and healthcare inflation. The chapter also explores the long-term forecast for reaching a 2% rate increase and the potential impact of declining energy prices.
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