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Transcripts For BLOOMBERG Bloomberg 20240703

Coming up, inflation shows signs of cooling. The latest data being promising. Jay powell on hold saying the fed is awaiting more evidence before cutting. Investors move on keeping bets for at least one rate cut this year. Can the fed achieve nirvana . U. S. Economy is chugging along pretty well. We have had good health for quite a while. There are thousand things that can go wrong but right now everything is in pretty good shape. It is necessary to make sure we in a fiscally sustainable path. The higher Interest Rate path makes that more difficult. Where it will be in six months, how much of the slowdown we see in the bottom quartile, we have to watch the data carefully. Whenever the worlds person in for a soft landing, it is half that. We have a 2 growth rate. The cost of living in mary areas is very high. It is a concern to americans. There are a lot of Inflationary Forces in front of us that may keep it higher than people expect. . What the fed is doing with the rate structure is ha

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