Balance of Power22 Aug 2025

Powell Opens Door to Rate Cut, Canada Drops Some Retaliatory Tariffs

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

Federal Reserve Chair Jerome Powell carefully opened the door to an interest-rate cut in September, pointing to rising risks for the labor market even as worries over inflation remain.

“The stability of the unemployment rate and other labor market measures allows us to proceed carefully as we consider changes to our policy stance,” Powell said in remarks prepared for the Fed’s annual conference in Jackson Hole, Wyoming on Friday. “Nonetheless, with policy in restrictive territory, the baseline outlook and the shifting balance of risks may warrant adjusting our policy stance.”

Following Powell’s remarks, investors boosted bets that the Federal Open Market Committee would cut rates at its Sept. 16-17 meeting. Economists at Deutsche Bank, Barclays and BNP Paribas pulled forward their forecasts for the next rate cut to September.

On this edition of Balance of Power, Tyler Kendall and Michael Shepard, in for Joe and Kailey, speak with:

Michael McKee, Bloomberg International Economics and Policy Correspondent
Lael Brainard, Former Director of the National Economic Council During the Biden Administration, Former Vice Chair of the Federal Reserve, Distinguished Fellow at the Georgetown Psaros Center for Financial Markets and Policy
Brian Platt, Bloomberg Canada Government reporter
Kathryn Edwards, Economic Policy Consultant & Bloomberg Opinion Contributor
Myles Miller, Bloomberg Senior Reporter
Jeanne Sheehan Zaino, Democracy Visiting Fellow at Harvard Kennedy School's Ash Center and Democratic Strategist & Ashley Davis, Partner at S-3 Group and Republican Strategist

See omnystudio.com/listener for privacy information.

Det här avsnittet är hämtat från ett öppet RSS-flöde och publiceras inte av Podme. Det kan innehålla reklam.

Avsnitt(1984)

Trump Says US Will Strike Iran Hard as War Escalates Again

Insight & analysis on the White House and Capitol Hill. Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF. President Donald Trump said the US would strike back at Iran after a rece...

29 Juli 34min

Trump Dials Back Iran Threats, Hosts Netanyahu at White House

Insight & analysis on the White House and Capitol Hill. Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF. US President Donald Trump welcomed Israeli Prime Minister Benjamin Netany...

28 Juli 40min

Trump Hits Campaign Trail in Michigan

Insight & analysis on the White House and Capitol Hill. Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF. Some House Republicans are urging President Donald Trump to expand his vi...

27 Juli 46min

Trump Threatens New EU Tariffs

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 deliver i...

24 Juli 41min

House Passes Stopgap to Avert Shutdown Before Midterm Election

Insight & analysis on the White House and Capitol Hill. Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF.The House passed stopgap funding to keep the government open past the midt...

23 Juli 38min

House Stopgap Faces Senate Changes

Insight & analysis on the White House and Capitol Hill. Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF. House passage yesterday of a stopgap measure marks the first step in cong...

22 Juli 40min

Trump Plays Down Prospects for Iran Talks Amid Red Sea Threat

Insight & analysis on the White House and Capitol Hill. Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF. US President Donald Trump minimized the prospect of immediate talks with ...

21 Juli 37min

Weekly Washington Policy Pulse: Dividend Restrictions, New Tariffs (July 20, 2026)

A look at the National Defense Authorization Act -- which could be voted upon by the House of Representatives this week -- led Bloomberg Intelligence's July 20 Washington Policy Pulse -- with a highli...

20 Juli 11min