Bloomberg Surveillance TV: June 20, 2024
Bloomberg Surveillance
US Economic Outlook and Uncertainties for 2024
The chapter explores the positive outlook on the US for the year ahead but anticipates a slowdown in growth compared to the previous year. It delves into concerns such as softening economic indicators, housing supply constraints, and potential inflation pressures leading to discussions about possible Fed rate cuts. The conversation emphasizes the need for caution and preparedness due to various uncertainties like US election tariffs, labor shortages, and evolving consumer spending trends.
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