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Bloomberg Surveillance
The Path for Rate Cuts and Polling 2024
May 22, 2024
Seema Shah, David Malpass, and Liz Ann Sonders discuss global macro outlook, US exceptionalism, US and global economies, government debt, markets, rate cuts pace, and the latest Bloomberg poll on the 2024 election, covering economic forecasting challenges, consumer sentiment, inflation impact, economic indicators, market trends, presidential polls analysis, campaign strategies, and the VP candidate's role in influencing voters.
26:41
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Quick takeaways
- Central banks adjust to changing economic data for accurate forecasting in response to COVID-driven shifts.
- US economy faces challenges in achieving a soft landing due to market acceleration concerns and interest rate impacts.
Deep dives
Central Banks' Approach to Economic Data
Central banks, particularly the Fed, adapt to economic data changes, responding as data unfolds. Forecasting challenges arise due to COVID-driven economic shifts. Recent economic changes lead to recalibration for more accurate forecasting and reliance on new economic indicators.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode