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Transcripts For BLOOMBERG Bloomberg 20240703

Band to 12 cents a share. From new york, alix steel with guy johnson, welcome. We are excited about the cpi and i have to say that did not change anything for me. I do not know if that move the needle for me. Guy it is the second month where the numbers are coming through. We have a claims number that looks like it is signaling that we have a very strong labor market. All of this points to the fact that there is more work to be done. Over the last few days the fed has abdicated responsibility for bringing inflation down to target and saying that the market is doing the work for it and may be the fed needs to step up and do more. Alix and then you see the eight to nine basis point move, the more that moves and maybe the less the fed has to do as this kind of yield filters through. Guy the fed is talking more about the long end but the front end signaling that the fed needs to do more. It is interesting, you look at the Inflation ....

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