Bloomberg Surveillance TV: May 15, 2024
Bloomberg Surveillance
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Analyzing Economic Data and Inflation Trends
The chapter delves into the latest economic data, focusing on the Consumer Price Index (CPI) numbers and their impact on various sectors like used cars and airline fares. Discussions include market trends, the bond market, and the Federal Reserve's approach to managing inflation. The speakers debate factors influencing inflation and propose a target range for the Fed, highlighting the disconnect between Main Street and Wall Street in understanding inflation.
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