Bloomberg Surveillance TV: May 30, 2024
Bloomberg Surveillance
Labor Market Indicators and Rate Cut Speculations
The chapter provides in-depth analysis of labor market indicators, specifically focusing on payrolls and the potential for a rate cut by the Fed in July. It explores the current stability, potential slowdown, and uncertainties in the upcoming labor market report. The discussion also delves into the impact of interest rates, Fed rate decisions, and the concept of R star on the economy.
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