Bloomberg Surveillance
CPI Breakdown and Stock Picks
Jun 12, 2024
Jim Bullard, Mark Zandi, and Julia Coronado discuss CPI reactions, Fed policies, and economic projections. Topics include interest rates, inflation, rate cut speculations, and green initiatives in Europe. Insights on US consumers, GDP numbers, and energy efficiency policies are highlighted.
47:02
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Quick takeaways
- Jim Bullard discusses the need for Fed to stay higher for longer post-pandemic, advocating for inflation reduction towards 2%.
- European focus on green initiatives contrasts with rejection in elections, highlighting the importance of energy efficiency for competitiveness.
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