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Transcripts For BLOOMBERG Bloomberg 20240704

Moynihan will join us for an exclusive interview live from aspen for his take on the economy, regulation, and more. Driven by data, the boe hikes 25 basis points as bailey points to a resilient u. K. Economy. We will have an interview with him in the next hour. Meanwhile, more u. S. Data is dropping now. Im kailey leinz with guy johnson in london. Alec steel is on assignment. As promised, more Economic Data breaking here in the u. S. Guy alix steel will return later in the show wearing a cowboy hat. Looking forward to that. We need to deal with the data here and now. The ism really stands out to me here. I think it is bittersweet. 52. 7. Some softening in services. However, prices paid rises to 56. 8. Employment softened from 53. 1 to 53. 7. New orders softened a little bit but not by much. The prices paid to number will be interesting to see how the market digests that one. I will dig in and see with a twoyear is doing on the back of that, not much yet. The action really in the 30year

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