Bloomberg Surveillance

Bloomberg Surveillance TV: October 3, 2024

Oct 3, 2024

Adam Posen, President of the Peterson Institute, shares insights on the potential for a recession in the U.S. while Lindsey Piegza, Chief Economist at Stifel, analyzes recent jobless claims and upcoming payroll data. Bill Dudley, a former NY Fed President, admits his prediction of a hard landing was wrong. They discuss how current labor market trends challenge recession fears and the Federal Reserve's policy decisions, alongside the political implications of economic data heading into the elections.

21:36

Creator website

Episode guests

Adam Posen

Lindsey Piegza

Bill Dudley

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Episode notes

Podcast summary created with Snipd AI

Quick takeaways

The podcast highlights a potential softening in the US economy, emphasizing the importance of upcoming employment data for shaping Federal Reserve policies.

Experts discuss how the electoral landscape and fiscal policy changes could complicate inflation control, influencing economic stability and growth.

Deep dives

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Intro

2min

Analyzing Labor Market Stability and Federal Reserve Outlook

3min

Navigating Economic Signals Ahead of Fed Decisions

6min

Navigating Economic Uncertainty: The Fed's Challenge

8min

Shifting Perspectives on U.S. Economic Policy

2min

Assessing the Labor Market's Impact on Monetary Policy

5min

Insights on Economic Forecasts and Mental Health Support

2min

- Adam Posen, President of the Peterson Institute for International Economics
- Lindsey Piegza, Chief Economist at Stifel
- Bill Dudley, Bloomberg Opinion columnist and former President of the New York Federal Reserve

Adam Posen with the Peterson Institute joins to discuss the outlook for a recession and potential softening in the US economy. Lindsey Piegza of Stifel joins the discussion to react to weekly jobless claims and preview tomorrow's jobs report. Bill Dudley, formerly of the NY Federal Reserve, says his hard landing call for the US economy was incorrect.

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