From Bloomberg Markets and Finance.
US equity futures rise after closing higher as Fed Chair Jerome Powell downplayed growth concerns. President Trump posts on Truth Social that the Fed should cut rates in order to help ease the economy into the upcoming reciprocal tariff regime. The pound weakens against the dollar ahead of the Bank of England’s rate decision. Zelenskiy agrees to the terms of an energy and civilian infrastructure ceasefire with Russia. BlackRock’s Wei Li says she’s bothered by Powell’s characterization of inflation, arguing he left the Fed open to upside surprises. Torsten Slok of Apollo says that Powell’s remarks mean the US is already in a stagflation economy. “Bloomberg Brief” delivers the market news, data and analysis you need to set your agenda.
Chapters:
00:00:00 – Intro
00:02:05 – First Look Movers
00:03:07 – Wei Li, BlackRock Global Chief Investment Strategist
00:16:36 – Front Page News
00:23:46 – Torsten Slok, Apollo Management Chief Economist
00:40:34 – Trending on the Terminal
00:42:05 – What to Watch
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