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Bloomberg Surveillance TV: July 1, 2024
Bloomberg Surveillance
Forward-Looking Central Banking and Economic Indicators
Discussion on the importance of forward-looking central banking, analyzing economic indicators such as the Bloomberg Surprise Index, weak data, manufacturing figures, housing market trends, and jobless claims to predict a potential recession. Concerns raised about the Federal Reserve's hesitancy to address economic challenges promptly and the concept of 'normalizing' in the business cycle context.
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