“You know, I have been expecting some kind of slowdown. I don’t think that’s a bold call. The Fed is aggressively raising rates. At some point, they do usually push the economy into a period of deep slowness, if not contraction.”
Chief U.S. Economist Lara Rhame joins Bloomberg Surveillance with Tom Keene and Lisa Abramowicz to share her analysis of the current macro environment. She discusses current consumer sentiment data, the latest market rate cuts and whether Fed rate hikes will lead to a slowdown.
Watch the video to hear more from Lara.