Bloomberg Surveillance Countdown to Inflation Begins
Mar 11, 2024
Topics include Federal Reserve meeting, inflation metrics, market updates, Russian imperialism, cultural enrichment, surge pricing, and NBA expansion
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Fed's Next Move
- The Federal Reserve likely won't change rates next week, but will offer guidance and forecasts.
- Recent economic data may not significantly alter their plans, but could influence their tone.
Global Inflation Trends
- Global inflation is improving, moving towards pre-pandemic levels.
- Most central banks are considering lowering interest rates in response.
Consumer Spending and Price Sensitivity
- Consumers are spending money due to job and income security, but they are now more price-sensitive.
- This suggests a return to pre-pandemic consumer behavior.