Surveillance: US Inflation Cools Sharply
Bloomberg Surveillance
00:00
The FID's July Meeting
I don't think it changes what they're going to do at the July meeting. The economy is still doing quite well. We had 2% growth in the second quarter. If you look at the LADF FID, a GDP now tracker for the third quarter, it's a 2.3%. So the economy really hasn't slowed down enough to make the FID confident that they'll see that slack and the layer of work that they want.
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