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Bloomberg Daybreak Weekend: Fed, DeSantis, China EVs

Bloomberg Daybreak: Europe Edition

00:00

The Fed's Forecast for Rate Cuts

We're at 4.9% on the CPI and we were at 9%. So it's come down quickly given the Fed restraint. But from here on, it gets harder to do. We get into categories that are more sticky, harder for the Fed to affect. They don't really know how fast it can come down.

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