Bloomberg Surveillance TV: December 11, 2024
- Rep. French Hill, (R) Arkansas
- Jay Bryson, Wells Fargo Chief Economist
- David Kelly, JPMorgan Asset Management Chief Global Strategist
Republican Congressman French Hill says tariffs "are much more about setting long-term spending reform and spending priorities" than balancing the federal budget. Jay Bryson of Wells Fargo expresses confidence the Fed will cut by 25bps next week following the latest CPI data. David Kelly of JPMorgan says the Fed will have to "look with one eye on what's really going on in the economy right now, and one eye on what might be coming in terms of policy going forward."
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