PCE and the US Economic Outlook

PCE and the US Economic Outlook

Watch Tom and Paul LIVE every day on YouTube: http://bit.ly/3vTiACF.
Bloomberg Surveillance hosted by Tom Keene & Paul SweeneyAugust 29th, 2025
Featuring:
1) Sarah Wolfe, Senior Economist with Morgan Stanley, Yelena Shulyateva, Senior Economist at The Conference Board, and Michael McKee, International Economics & Policy correspondent for Bloomberg News, react to PCE and discuss the outlook for inflation, labor, and rate cuts in the US. Stocks retreated as traders cut risk before the release of the US inflation data that is testing expectations on how quickly the Federal Reserve can reduce interest rates.
2) Meera Chandan, Co-Head: FX Strategy Team at JPMorgan, joins for an extended discussion on Fed independence, dollar weakness ahead of key economic data points this week and next, and turmoil in France this week.
3) Frances Donald, Chief Economist at RBC, brings us into the market open and talks about labor weakness and inflation and how the US labor market could rapidly deteriorate. It comes as Federal Reserve Governor Christopher Waller called for lower interest rates, saying he would support a reduction in September and anticipates additional cuts over the next three to six months, with the pace driven by incoming data.
4) Lisa Mateo joins with the latest headlines in newspapers across the US, including a WSJ piece on higher prices coming to household staples and a Business Insider piece on Naomi Osaka's big Labubu bling.

See omnystudio.com/listener for privacy information.

Avsnitt(3988)

Bill Gates: miracle like PC needed to spread energy to world

Bill Gates: miracle like PC needed to spread energy to world

Bill and Melinda Gates discuss their annual letter with Stephanie Ruhle and John Micklethwait. The Gates say that R&D money is needed to spread energy systems. All this and more on Bloomberg Surveillance with Tom Keene and Michael McKee.See omnystudio.com/listener for privacy information.

23 Feb 201612min

8am-9am ET: Bill Gates, Melinda Gates & David Kelly

8am-9am ET: Bill Gates, Melinda Gates & David Kelly

Bill and Melinda Gates discuss their annual letter with Bloomberg's Stephanie Ruhle and John Micklethwait. The Gates make the case that rapid technology change is a force for good, despite the disruption that it causes. JPMorgan Funds' David Kelly speaks to Tom Keene and Michael McKee about why inflation is 'the sleeping dragon.'See omnystudio.com/listener for privacy information.

23 Feb 201642min

9am-10am ET: Caron, Levitt, Abramowicz & Mather

9am-10am ET: Caron, Levitt, Abramowicz & Mather

Morgan Stanley's Jim Caron says negative interest rates have limitations. Bloomberg's Arthur Levitt says banks have more political pressure now than ever before. Bloomberg's Lisa Abramowicz discusses liquidity in the bond market. Pimco's Scott Mather says there isn't a systemic issue with the way volatility is impacting bond markets. All this and more on Bloomberg Surveillance with Tom Keene and Michael McKee.See omnystudio.com/listener for privacy information.

22 Feb 201642min

Mather: Greater degree of uncertainty creating choppy markets

Mather: Greater degree of uncertainty creating choppy markets

Pimco's Scott Mather says negative interest rate policies, along with reduced liquidity, are creating choppy markets. Mather also says there isn't a systemic issue with the way volatility is impacting markets. He speaks on Bloomberg Surveillance with Tom Keene and Michael McKee.See omnystudio.com/listener for privacy information.

22 Feb 201611min

Abramowicz: central bank policies are creating asset bubbles

Abramowicz: central bank policies are creating asset bubbles

Bloomberg's Lisa Abramowicz discusses central bank policies -- like negative interest rates -- and if it's fueling asset bubbles. She joins Bloomberg Surveillance with Tom Keene and Michael McKee.See omnystudio.com/listener for privacy information.

22 Feb 201611min

Levitt: regulators should be nervous with credibility at risk

Levitt: regulators should be nervous with credibility at risk

Bloomberg's Arthur Levitt and former SEC chairman weighs in on regulation of the banks. He says regulators should be nervous because their credibility is at risk and the American people should be nervous because their money is on the line if there's another bailout of the banks. He speaks on Bloomberg Surveillance with Tom Keene and Michael McKee.See omnystudio.com/listener for privacy information.

22 Feb 20168min

Caron: interest rates not the best solution

Caron: interest rates not the best solution

Morgan Stanley's Jim Caron says negative interest rates aren't the best solution but central banks are running out of other tools to stimulate the markets. He joins Bloomberg Surveillance with Tom Keene and Michael McKee.See omnystudio.com/listener for privacy information.

22 Feb 201612min

8am-9am: Kass & Zandi

8am-9am: Kass & Zandi

Seabreeze Partners' Doug Kass says a broken market system is being dominated by algos who are agnostic to balance sheets. Moody's Analystics' Mark Zandi says unemployment insurance claims remain low, signaling health in the U.S. economy. All this and more on Bloomberg Surveillance with Tom Keene and Michael McKee.See omnystudio.com/listener for privacy information.

22 Feb 201642min

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