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Bloomberg Surveillance

Fed Seen Delaying Rate Cuts and Gold Surges to Record

Apr 2, 2024
Chief Fixed Income Strategist at Charles Schwab discusses fixed income opportunities and positioning for a correction. Professor of Economic Policy at Harvard talks about balance of worry in jobs report and potential recession. Co-founder of Merk Investments shares insights on how high gold prices can go.
27:37

Podcast summary created with Snipd AI

Quick takeaways

  • The Fed is expected to delay rate cuts amid economic uncertainties, while gold prices surge to record highs driven by geopolitical tensions and fiscal policies.

Deep dives

Economic Insights: Soft Landing and Market Trends

The podcast episode delves into the current economic landscape, highlighting a concept of a 'soft landing' in the economy. The speaker, Kathy Jones, Chief Fixed Income Strategist at Charles Schwab, discusses the balance between strong economic growth and decreasing inflation. With the 10-year Treasury yield at 4.35% and positive economic indicators, the market faces uncertainties about the Federal Reserve's next steps in response to the economic conditions.

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