BLOOMBERG Bloomberg July 4, 2024
Tom good morning, this is bloomberg and i am Tom Mackenzie. An Holding Pattern ahead of inflation data. Jb dimon warns the u. S. Economy is not out of the woods adding the fed should wait before cutting Interest Rates and u. K. Data will be watched by the bank of england. It will stickiness move the dial for the boe . Lets check in on markets. After modest losses yesterday futures looking brighter as we lead up to wage data and the data print. Jay powell suggests they are getting closer to a point where they have confidence to cut rates. Will data get them closer today . Or cause fluctuations ...