Bloomberg Daybreak: Asia Edition Daybreak Weekend: US Inflation, Lagarde Address, China Eco Outlook
Mar 7, 2025
Katya Dmitrieva, a Bloomberg News Asia economy reporter, dives into China's ambitious 5% growth target for 2025 and the obstacles that lie ahead. She discusses fiscal strategies to boost consumption amidst external pressures and the challenges within the retail and labor markets. Joining her is Jana Randau, Bloomberg's ECB reporter, who provides insights on the European Central Bank's upcoming conference and the implications of policy decisions for Europe’s economy. Their conversation captures the intersection of global economic dynamics and institutional strategies.
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CPI Expectations
- The market anticipates a headline CPI of 2.9%, slightly below January's 3%.
- A figure starting with "2" would align with the Fed's 2% target.
Inflation Outlook
- The February CPI and PPI data releases will offer insights into US inflation trends.
- Upside surprises could signal persistent inflationary pressures.
Impact of White House Policies
- Current White House policies, while not directly targeting inflation, might indirectly lower prices by dampening economic growth.
- Reduced demand due to slower growth could lead to falling prices.