Powell Pushes Back on March Cut; US Vows More Mideast Strikes

Powell Pushes Back on March Cut; US Vows More Mideast Strikes

On today's podcast:

1) Federal Reserve Chair Jerome Powell said Americans may have to wait beyond March for the central bank to cut interest rates as officials look for more economic data to confirm that inflation is headed down to 2%.

2) The US vowed more strikes against Iran’s forces and its proxies in the Middle East after three straight days of punishing attacks, even as Washington insisted it won’t be pulled into a prolonged regional conflict.

3) Senators released a bipartisan deal Sunday to impose new US immigration restrictions and unlock billions of dollars in Ukraine aid, a crucial step even as the measure faces long odds in the House.

4) Taylor Swift announces new album, 'The Tortured Poets Department,' while accepting Grammy

See omnystudio.com/listener for privacy information.

Episoder(1622)

Trump Lobbies for Shutdown Deal; Clintons to Testify in Epstein Inquiry

Trump Lobbies for Shutdown Deal; Clintons to Testify in Epstein Inquiry

Today's top stories, with context, in just 15 minutes.On today's podcast:1) Republican opposition to President Trump’s deal with Democrats to end the partial US government shutdown began to crumble la...

3 Feb 15min

House To Vote on Shutdown Deal; Gold Plunge Deepens as Traders Unwind Bets

House To Vote on Shutdown Deal; Gold Plunge Deepens as Traders Unwind Bets

Today's top stories, with context, in just 15 minutes.On today's podcast:1) The US government stumbled into a partial shutdown Saturday while waiting for the House to approve a funding deal President ...

2 Feb 15min

Daybreak Weekend: US Jobs, Winter Olympics, Japan Election

Daybreak Weekend: US Jobs, Winter Olympics, Japan Election

Bloomberg Daybreak Weekend with Host Nathan Hager take a look at some of the stories we'll be tracking in the coming week. In the US – a look ahead to the January jobs report and U.S tech earnings. I...

30 Jan 37min

Instant Reaction: Trump Nominates Warsh for Fed Chair

Instant Reaction: Trump Nominates Warsh for Fed Chair

Breaking news from the White House. President Donald Trump said he intends to nominate Kevin Warsh to be the next chair of the Federal Reserve, according to a post on his Truth Social platform. “I...

30 Jan 9min

Trump Administration Prepares for Warsh Fed Chair Nod; Government Shutdown Averted

Trump Administration Prepares for Warsh Fed Chair Nod; Government Shutdown Averted

Today's top stories, with context, in just 15 minutes.On today's podcast:1) The Trump administration is preparing for the president to nominate Kevin Warsh to be the next Federal Reserve chair, accord...

30 Jan 25min

Tech Firms Unleash AI Spending Spree; Fed Holds Rates Steady

Tech Firms Unleash AI Spending Spree; Fed Holds Rates Steady

Today's top stories, with context, in just 15 minutes.On today's podcast:1) The world’s largest tech firms show no signs of easing up on AI spending, a record wave that’s propelling hardware providers...

29 Jan 15min

Trump Seeks Minnesota De-Escalation; Fed Officials Near ‘Kumbaya’ Moment on Rates

Trump Seeks Minnesota De-Escalation; Fed Officials Near ‘Kumbaya’ Moment on Rates

On today's podcast:1) President Trump said he was looking to “de-escalate” in Minnesota with a reshuffle of the leadership running his deportation effort in the state following widespread outcry over ...

28 Jan 16min

Minnesota Backlash Spurs Policy Shift; Trump Vows to Raise Tariffs to 25% on South Korean Goods

Minnesota Backlash Spurs Policy Shift; Trump Vows to Raise Tariffs to 25% on South Korean Goods

On today's podcast:1) President Trump indicated he’ll make changes to his administration’s deportation crackdown in Minnesota after the killing of two US citizens during immigration raids sparked nati...

27 Jan 14min

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