
Daybreak Weekend: U.S CPI Data, ECB Meeting, China Inflation
Bloomberg Daybreak: Asia Edition
00:00
Implications of the March CPI Release on Inflation
Discussion on the upcoming release of the March Consumer Price Index (CPI) and its impact on inflation, covering factors like oil and gas prices, the Fed's 2% target, and speculations of higher-than-expected numbers. Insights on indicators of economic recovery including car prices, examination of goods and services sectors for inflation expectations, and the significance of CPI and PCE reports in potential rate cuts. Preview of the new earnings season with a focus on major U.S. banks like JP Morgan Chase, Wells Fargo, and Citigroup, discussing the impact of higher interest rates on banks, changes in interest rate expectations, and the performance of banks in a market with steady trading activity and positive fee outlook.
Play episode from 01:51
Transcript


