Bloomberg Intelligence
US CPI Eases, Bank Earnings
Jan 15, 2025
Alison Williams, a Senior Analyst at Bloomberg Intelligence focusing on global banks, and Lauren Saidel-Baker, an Economist at ITR Economics, join the discussion. They delve into the recent easing of the Consumer Price Index (CPI) and its implications for bank earnings. A strong performance from major banks like JP Morgan and Citigroup is highlighted, alongside an analysis of inflation trends and the rising costs of housing. The experts also explore the relationship between labor market dynamics and the potential impact of tariffs on overall economic conditions.
36:00
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Quick takeaways
- U.S. inflation data shows a mix of easing trends in goods while service sector inflation remains stubbornly high, complicating economic recovery efforts.
- Despite ongoing domestic concerns, the U.S. continues to attract global investments, driven by the pursuit of higher returns and innovative opportunities.
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