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Transcripts For BLOOMBERG Bloomberg 20240703

Different kind of fed narrative evolve this year. There has been some rising angst but still some cuts are on the table. There is a little bit of froth and maybe it is deserved as you see powell shipped his narrative to things that allow him to cut. The important thing is that the fed and markets are nsync after being out of sync. The fed has actually been a lot more optimistic about rate cuts over the last few years. Announcer this is bloomberg surveillance with jonathan ferro, Lisa Abramowicz and annmarie hordern. Jonathan the third hour of surveillance begins right now. Live from new york city this morning, good morning. For our audience worldwide, this is bloomberg surveillance. Your equity market and little bit softer, the headlines are solidly elsewhere. Can year yield vent new highs for 2024 and reflecting on the data yesterday, strong upside surprises for u. S. Manufacturing. One question weve all got, doesnt derail the p ....

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