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Transcripts For BLOOMBERG Bloomberg 20240704

Table more or less. At this point, weve pushed that back to june. And, you know, i guess what i would say is, i think the risk to our forecast would be skewed towards later. That is, i would say the probability of july is higher than than, you know, may. For more on the fed and the economy is bloombergs reade pickert, who has had some time to digest the data all morning. And if you had to read through all the conflicting signs were seeing, which is the biggest conundrum to you. So, you know, really what we saw in the ppi report was price pressures that were driven from the goods side. So a lot of that was gasoline. But there was a big pop in food as well. And so when we think about where inflation goes from here, were not getting a lot of help from the good side of the economy anymore. So in cpi we also saw that core goods inflation rose after a series of outright declines in deflation. So in terms of thinking about where were going from here, you know, were trying to kind of fed offic ....

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