Surveillance: Recession Forecast Loh
Bloomberg Surveillance
00:00
The Fed's Predictions for Retail Earnings
Tiffany Pemko: Is inflation decelerating enough to really get the Fed where they want? Or are we looking at a sort of higher inflation, but also higher growth kind of area for a longer period of time? John Defterios: I think that's yet to be seen. The consumer, ultimately, they are getting squeezed. Some of the lower income consumers more so than others. And you are seeing some deceleration in credit growth as a result of the current environment.
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