Powell Pushes Back on March Cut; US Vows More Mideast Strikes
Bloomberg Daybreak: US Edition5 Feb 2024

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.

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