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13min chapter
Bloomberg Surveillance: Tesla Slumps, Netflix Soars
Bloomberg Surveillance
Inflation, Interest Rates, and the Labor Market
The speakers discuss Ed Hyman's views on inflation and its potential impact on Jerome Powell's decision-making. They also highlight the strength of the US labor market but note signs of easing, such as slowing wages and employment increases. Additionally, the impact of mortgage rates on home building and rental rates is discussed.
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