Bloomberg Surveillance

Bloomberg Surveillance: Julie Su on Jobs Data

Dec 8, 2023
Julie Su, US Acting Secretary of Labor, discusses the better-than-expected November jobs report. Economists analyze the report's impact on the Fed's rate decision and services inflation. The potential consequences of new bank capital rules on working families and small businesses are explored. Uncertainty in monetary policy outlook and managing short-term investments are also discussed, along with the tension between the Federal Reserve's cautious outlook and investors seeking high yields.
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