SOTS 2nd Hour: Fed Governor Waller, Canada’s International Trade Minister, and Trump’s Treasury Pick Before The Senate 1/16/25
Squawk on the Street
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Navigating Economic Signals
This chapter examines recent economic data, showcasing robust job growth and favorable inflation trends, particularly in core PCE inflation approaching the 2% target. The discussion highlights mixed signals in retail sales and jobless claims, while expressing cautious optimism about potential interest rate cuts amid ongoing inflationary pressures. Additionally, the impact of policy changes, consumer behavior, and external factors such as environmental disasters are explored in relation to overall economic dynamics.
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