UBS On-Air: Paul Donovan Daily Audio 'Spending real money'

Recent US GDP data reveals a resilient consumer, with spending bouncing back strongly in the second quarter. Insights into personal income and consumption suggest middle-income households remain in a good position. Disinflation trends and their implications for monetary policy are scrutinized, alongside how partisan biases influence consumer sentiment and inflation expectations. It's a fascinating look at the dynamics shaping the economic landscape.