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Bloomberg Surveillance
Fed Readies to Cut and In Conversation with Iraq's PM
Sep 17, 2024
Joined by Geoffrey Yu, Senior Strategist at BNY, who discusses the Federal Reserve's potential rate cuts and their effects on global markets. Ed Hyman, Chairman at EvercoreISI, revisits his changing economic outlook influenced by the Fed's recent actions. Joumanna Bercetche shares insights from her interview with Iraq's Prime Minister, highlighting Iraq's delicate diplomatic ties with Iran and the U.S., and its role as a regional mediator. The dynamic relationship between geopolitics and economics unfolds, revealing challenges and opportunities in a tense global landscape.
29:28
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Quick takeaways
- The podcast highlights the disconnect between market sentiments and the Federal Reserve's messaging, prompting a need for clearer communication to prevent investor panic.
- It emphasizes the significance of differential productivity levels, showcasing how U.S. advancements in innovation contrast with slower growth in Europe, impacting global economic positioning.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode