Bernstein on PCE Data, Consumer Sentiment [Video]

Jared Bernstein, Chair of the White House Council of Economic Advisers, states “the trends are moving in the right direction,” when discussing the latest PCE and consumer sentiment data. He also talks about what he’d like to see from the August Jobs Report next week, and the US economy & the possibility of rate cuts being lowered by 100 basis points by year’s end. Jared Bernstein speaks with Kailey Leinz on Bloomberg’s Balance of Power.
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