Trump Says Fed Must Cut Rates

Trump Says Fed Must Cut Rates

Insight & analysis on the White House and Capitol Hill.

Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF.

US job growth surged in August and the unemployment rate held steady, suggesting the labor market has more momentum than previously thought.

Nonfarm payrolls increased 162,000 last month and July’s job losses were revised away, according to Bureau of Labor Statistics data out Friday. The August increase topped all estimates in a Bloomberg survey. The unemployment rate remained at 4.1%.

The report indicates the labor market is powering through uncertainty from the Iran war and pressure from inflation. Federal Reserve officials will likely read it as bolstering the argument for raising interest rates, though next week’s consumer price data will prove key to the central bank’s decision later this month.

Bloomberg Washington Correspondents Joe Mathieu and Kailey Leinz deliver insight and analysis on the latest headlines from the White House and Capitol Hill, including conversations with influential lawmakers and key figures in politics and policy. On this edition, Joe and Kailey speak with:

  • Bloomberg White House Correspondent Skylar Woodhouse.
  • Groundwork Collaborative Vice President Liz Pancotti.
  • Stonecourt Capital Partner Rick Davis and Harvard Kennedy School Ash Center Visiting Democracy Fellow Jeanne Sheehan Zaino.
  • Bloomberg News US Economy Editor Reade Pickert.
  • BlackSun CEO Atonn Muhammad and former professional boxer Roy Jones Jr.

See omnystudio.com/listener for privacy information.

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Avsnitt(2022)

US-Iran Conflict Stuck With No End

US-Iran Conflict Stuck With No End

Insight & analysis on the White House and Capitol Hill. Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF. The US and Iran have intensified tit-for-tat military strikes in recent d...

3 Sep 41min

Trump Says Iran Strikes to Be Short; Commerce Secretary Lutnick on AI, Tariffs and Canda

Trump Says Iran Strikes to Be Short; Commerce Secretary Lutnick on AI, Tariffs and Canda

Insight & analysis on the White House and Capitol Hill. Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF. Bloomberg Washington Correspondents Joe Mathieu and Kailey Leinz delive...

2 Sep 44min

BONUS: US Commerce Secretary Howard Lutnick Talks AI, US-Canada Trade

BONUS: US Commerce Secretary Howard Lutnick Talks AI, US-Canada Trade

US Commerce Secretary Howard Lutnick lauds the benefits of artificial intelligence. Speaking with Bloomberg Balance of Power co-host Joe Mathieu at the G20 Innovation Ministerial in Chapel Hill, North...

2 Sep 13min

BONUS: US Energy Secretary Chris Wright Talks Venezuela Oil Production

BONUS: US Energy Secretary Chris Wright Talks Venezuela Oil Production

US Energy Secretary Chris Wright discusses details of Venezuelan oil production and exports, deals signed with Chevron, ENI, and GE Vernova, and offers an update on the Strait of Hormuz. He speaks wit...

2 Sep 10min

US, Iran Escalate Attacks as Fighting Around Strait Heats Up

US, Iran Escalate Attacks as Fighting Around Strait Heats Up

Insight & analysis on the White House and Capitol Hill. Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF. The US launched a fresh wave of strikes against targets in Iran and the I...

1 Sep 46min

Weekly Washington Policy Pulse: Government Shutdown? Venezuela Deal (August 31, 2026)

Weekly Washington Policy Pulse: Government Shutdown? Venezuela Deal (August 31, 2026)

With the House of Representatives returning to Washington after August recess, the likelihood of a government shutdown -- only 20% in our view -- led Bloomberg Intelligence's Aug. 31 Washington Policy...

31 Aug 11min

House Faces Tricky Pre-Midterm Agenda, US Strikes Iranian Launchers

House Faces Tricky Pre-Midterm Agenda, US Strikes Iranian Launchers

Insight & analysis on the White House and Capitol Hill. Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF. House members return to Capitol Hill after a monthlong break with a crowd...

31 Aug 40min

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