Bloomberg Surveillance TV: December 9, 2024
Update: 2024-12-09
Description
- Nela Richardson, ADP Chief Economist & ESG Officer, Bloomberg Contributor
- Tim Adams, IIF President
- Andrew Hollenhorst, Citi Chief US Economist
Nela Richardson of ADP thinks the Fed is waiting for CPI data to come out on Wednesday ahead of its rate decision next week. IIF President Tim Adams says, "Maybe we need the markets to send us a signal it is time to become more sober in our fiscal outlook." Andrew Hollenhorst of Citi believes, "You don't necessarily have a higher probability of losing your job right now, but if you do lose your job you have a higher probability of not finding one again."
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