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Bloomberg Daybreak Weekend: Economy, Budget, Xi

Bloomberg Daybreak: US Edition

00:00

Fed Chairman Jay Powell's Message to Congress

Jay Powell will give a semi-annual monetary policy report to Congress this week. The question is how high and for how long the latest data have, as you mentioned, that been particularly great. Michael McKee: Consumers are worried despite the strength in the job market but with inflation where it is, the Fed would like to see some sort of slowdown in demand.

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