Tom Keene, Jonathan Ferro and Lisa Abramowicz have the economy and the markets "under surveillance" as they cover the latest in finance, economics and investment, and talk with the leading voices shaping the conversation around world markets. This show is simulcast worldwide on Bloomberg Television and Radio. Consumer prices rose at slowest annual pace since 2021. All the analysis and what it means for the Fed is here. About "Bloomberg Surveillance" Tom Keene, Jonathan Ferro & Lisa Abramowicz are live from New York each business day, bringing insight on global markets and the top business stories of the day. Get the Bloomberg Surveillance newsletter, delivered every weekday. Sign up now: Subscribe and turn on notifications so you don't miss any new Bloomberg Television videos: Follow Bloomberg for business news & analysis, up-to-the-minute market data, features, profiles and more: Follow Surveillance on Twitter at @bsurveillance Get more from the hosts, follow them: Tom Keene: Jonathan Ferro: Lisa Abramowicz: Connect with Bloomberg Television on: Twitter: Facebook: Instagram: Connect with Bloomberg Business on: Twitter: Facebook: Instagram: ...(read more)
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Inflation Is Cooling | Bloomberg Surveillance 07/13/23 Inflation, the dreaded enemy of economies and wallets alike, seems to be showing signs of cooling down, according to recent reports on Bloomberg Surveillance. This news comes as a relief to businesses, consumers, and policymakers who have been grappling with rising prices for the past few months. Inflation, essentially, is the rate at which general prices for goods and services increase, eroding the purchasing power of money. When inflation is high, it can disrupt economic stability, dampen economic growth, and put a strain on household budgets. However, recent data and indicators suggest that inflationary pressures may be subsiding. Firstly, one of the key factors driving inflation—the global supply chain disruptions caused by the pandemic—are showing early signs of improvement. Delays in the delivery of goods and shortages of raw materials have contributed to increased costs for manufacturers, which have then been passed on to consumers in the form of higher prices. However, as global trade gradually returns to normalcy, these supply chain bottlenecks are expected to ease, relieving some of the upward pressure on prices. Additionally, some sectors that experienced a sudden surge in demand as lockdown measures were lifted are now seeing a leveling off in consumer spending. For example, the hospitality and travel industries witnessed a rapid recovery as people eagerly made up for lost time and indulged in vacations and dining out. However, with pent-up demand gradually being met, there are indications that consumer spending in these areas may slow down, alleviating some of the inflationary pressures. Furthermore, central banks around the world, including the Federal Reserve, have started signaling their intent to tackle rising inflation by adjusting monetary policies. These measures include gradually reducing bond-buying programs and raising interest rates to rein in excessive spending. While these actions may not directly tackle the root causes of inflation, they signal a commitment to maintaining price stability and prevent inflation from spiraling out of control. However, it is important to note that despite these positive signs, inflation remains above pre-pandemic levels in many countries. The cooling effect may be gradual, and it will take time to fully assess the long-term implications. Moreover, there are certain factors, such as rising energy prices and labor market imbalances, that could potentially reignite inflationary pressures if left unaddressed. In conclusion, while inflation has been a significant concern for businesses and consumers, there are early indications that it may be cooling down. Factors such as improvements in the global supply chain, leveling off of consumer spending, and central bank actions are all contributing to this trend. However, policymakers and economists should remain cautious and continue to monitor the situation closely to ensure that inflationary pressures do not resurface in the future. https://inflationprotection.org/bloomberg-surveillance-07-13-23-a-cooling-inflation-trend/?feed_id=121850&_unique_id=64c3e047aa906 #Inflation #Retirement #GoldIRA #Wealth #Investing #JonFerro #LisaAbramowicz #TomKeene #RolloverIRA #JonFerro #LisaAbramowicz #TomKeene
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