Bloomberg Daybreak: US Edition
Daybreak Weekend: Fed Preview, BOE Decision, China Data
Dec 14, 2024
Dan Hansen, Bloomberg's Chief UK Economist, provides keen insights on the Bank of England's upcoming monetary policy decision and its relationship with rising labor costs. He discusses market expectations for potential rate cuts amid inflation concerns. The conversation also shifts to China's economy, analyzing crucial data releases and government strategies for consumption-led growth in a challenging environment. Hansen’s expert analysis sheds light on global economic interconnections, particularly between the UK and China's evolving landscape.
38:22
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Quick takeaways
- The Federal Reserve's decision on interest rates will likely focus on stimulating economic growth while addressing inflationary pressures from recent data.
- Nike is reassessing its strategy under new CEO Elliott Hill, focusing on innovation and retail partnerships to recover from recent sales declines.
Deep dives
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