Daybreak Holiday: Inflation Pressure, Markets, Retail
Bloomberg Daybreak: Asia Edition
Inflation Insights and Economic Forecasts
This chapter explores the current state of inflation and its trajectory following the Federal Reserve's recent policy decisions. It discusses the impact of shelter costs and wage trends on core inflation, while calling for a balanced approach between monitoring inflation and labor market dynamics. The conversation also addresses the implications of potential policy changes from the incoming administration and questions the validity of the Fed's 2% inflation target.
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