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19min chapter
SOTS 2nd Hour: The Jobs Breakdown w/Chicago Fed President Goolsbee, Plus: Constellation Energy CEO 1/10/25
Squawk on the Street
Economic Insights: Consumer Confidence and Job Growth
This chapter focuses on the latest consumer confidence data, revealing a dip in sentiment alongside an increase in current conditions. It discusses strong job growth figures and their implications for inflation and the economy, while exploring the relationship between monetary policy challenges, rising interest rates, and international trade dynamics. Additionally, the chapter addresses the complexities of interpreting PCE inflation trends and the broader macroeconomic landscape.
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