Abigail Watt, US Economist at UBS, joins Bloomberg’s Vonnie Quinn on “Bloomberg Brief” to discuss the upcoming CPI report and the expectations she has from Federal Reserve Chairman Kevin Warsh’s testimony on Capitol Hill. (Source: Bloomberg)
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Abigail Watt, US Economist at UBS, joins Bloomberg’s Vonnie Quinn on “Bloomberg Brief” to discuss the upcoming CPI report and the expectations she has from Federal Reserve Chairman Kevin Warsh’s testimony on Capitol Hill. (Source: Bloomberg)
Three consecutive downside inflation surprises and the slowest private-sector wage growth since 2020. It should be enough to convince investors that the Bank of England is entertaining interest rate cuts.
An unprecedented transfer of wealth in the coming decades is likely to disproportionately benefit America’s most affluent families, boosting their fortunes by trillions of dollars, according to a July report…