Key Inflation Data and Equity Outlook
Bloomberg Surveillance
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Analyzing GDP Data and Consumer Outlook
The chapter delves into recent GDP data, emphasizing the trade drag without indicating stagflation. It discusses consumer spending and the varied outlook among income groups, exploring the potential impact of labor market slowdowns on spending and inflation. The conversation shifts to the Fed's stance on rate cuts, addressing the need for a forward-looking perspective amidst economic challenges.
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