Bloomberg Surveillance TV: March 21, 2024
Bloomberg Surveillance
Economic Projections and Monetary Policy
The chapter dissects recent economic projections, focusing on GDP numbers and inflation trends, discussing the implications for monetary policy. It explores supply-side dynamics impacting GDP and inflation, debates on inflation control, Fed policy decisions, and the challenge of potential conflicts with fiscal stimulus. The conversation delves into transitory inflation, examining its longevity in sectors like used cars and energy, reflecting on the labor market's influence, and concerns about inflation in the service sector.
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