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Bloomberg Surveillance TV: August 21, 2024

Bloomberg Surveillance

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Employment Growth and Economic Outlook

This chapter examines the impact of employment growth data on the economy and market perceptions, forecasting job growth around 200,000 influenced by immigration. It also discusses the debate surrounding potential interest rate cuts by the Federal Reserve, balancing economic resilience with concerns over inflation. Key considerations include the relationship between consumer behavior, stock market performance, and the broader economic context.

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