Bloomberg Daybreak Weekend: Inflation, Banking, China
Bloomberg Daybreak: Asia Edition
00:00
The Fed's Concerns About Inflation
The Fed's annual, not annual, but quarterly new economic projections came out this week. They think that inflation is going to fall, the PCE inflation isgoing to fall to about 3.4% by the end of the year. Some months it'll go up a little bit in surprise people, and some months it may fall faster than anticipated. So we're going to see some lumpy inflation reports.
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