Can't Underestimate US Recession Risks, Dollar Effect: FX Moment

In our latest FX Moment podcast, host Audrey Childe-Freeman, Bloomberg Intelligence chief G-10 FX strategist, and Stuart Paul, Bloomberg Economics' US economist, discuss possible US recession risks, the US economic outlook into 4Q and 2024 and associated downside risks for the dollar. Audrey and her colleague talk about how the US economy already may have started to turn, and how -- combined with a mid-term disinflation outlook -- 2024 Fed rate cuts may be contemplated after all, which could trigger yet another change in the FX narrative and give dollar downside a chance again. Audrey and Stuart also touch on US politics and how government shutdown risks could soon return as a market consideration and potentially become more of a dollar driver than in the past, with more of a negative effect.