Surveillance: Central Bank Policy with Nordvig
Bloomberg Surveillance
00:00
The Fed's Plan to Cut Interest Rates
Growth over the next year is going to pick up, but still be materially below what we're used to seeing. Inflation will be tough to keep down because there are going to be these structural drivers of higher inflation. So that means the Fed will have to keep interest rates higher for longer in order to get inflation back to the 2% target and maintain it there.
Play episode from 17:03
Transcript
