"Balance of Power: Late Edition" focuses on the intersection of politics and global business. On today's show, Joseph Lavorgna, SMBC Americas Chief Economist, states “they did what they were suppose to do” when sharing his thoughts on the Federal Reserve opting to keep interest rates steady. Nadhim Zahawi, former UK Chancellor of the Exchequer, shares his thoughts on President Trump criticizing UK Prime Minister Keir Starmer for not being more supportive of the US’ efforts when it comes to Iran. Sen. Ron Johnson of Wisconsin (R) discusses the rising cost of US involvement in Iran, the ongoing DHS funding standoff, and the path forward for the SAVE America Act.
Chapters:
00:00:00 - Balance of Power: Late Edition Begins
00:01:53 - Michael McKee on Federal Reserve Holds Rates Steady, How Fed Is Reacting to Oil Prices
00:04:31 - Joseph Lavorgna, SMBC Americas Chief Economist, on Reaction to Fed Holding Rates, How Long Can US Economy Withstand High Oil Prices
00:14:50 - Nadhim Zahawi, Fmr. UK Chancellor of the Exchequer, on Middle East Conflict, Does UK Need to Get More Involved
00:24:38 - Becca Wasser on The Various Strikes in Middle East as Conflict Continues
00:27:20 - Sen. Ron Johnson (R-WI) on Iran Costs, DHS Funding, SAVE Act Latest
00:36:45 - Jeff Mason on Reports Saying Pres. Trump Wants No More Strikes On Iran Energy
00:39:02 - Political Panel React to Hearing of Sen. Markwayne Mullin, Reaction to Tulsi Gabbard Hearing, Results From Illinois Senate Primary
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Chapters:
00:00:00 - Balance of Power: Late Edition Begins
00:01:53 - Michael McKee on Federal Reserve Holds Rates Steady, How Fed Is Reacting to Oil Prices
00:04:31 - Joseph Lavorgna, SMBC Americas Chief Economist, on Reaction to Fed Holding Rates, How Long Can US Economy Withstand High Oil Prices
00:14:50 - Nadhim Zahawi, Fmr. UK Chancellor of the Exchequer, on Middle East Conflict, Does UK Need to Get More Involved
00:24:38 - Becca Wasser on The Various Strikes in Middle East as Conflict Continues
00:27:20 - Sen. Ron Johnson (R-WI) on Iran Costs, DHS Funding, SAVE Act Latest
00:36:45 - Jeff Mason on Reports Saying Pres. Trump Wants No More Strikes On Iran Energy
00:39:02 - Political Panel React to Hearing of Sen. Markwayne Mullin, Reaction to Tulsi Gabbard Hearing, Results From Illinois Senate Primary
--------
More on Bloomberg Television and Markets
Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9
Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more.
Connect with Bloomberg Television on:
X: https://twitter.com/BloombergTV
Facebook: https://www.facebook.com/BloombergTelevision
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Connect with Bloomberg Business on:
X: https://twitter.com/business
Facebook: https://www.facebook.com/bloombergbusiness
Instagram: https://www.instagram.com/bloombergbusiness/
TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en
Reddit: https://www.reddit.com/r/bloomberg/
LinkedIn: https://www.linkedin.com/company/bloomberg-news/
More from Bloomberg:
Bloomberg Radio: https://twitter.com/BloombergRadio
Bloomberg Surveillance: https://twitter.com/bsurveillance
Bloomberg Politics: https://twitter.com/bpolitics
Bloomberg Originals: https://twitter.com/bbgoriginals
Watch more on YouTube:
Bloomberg Technology: https://www.youtube.com/@BloombergTechnology
Bloomberg Originals: https://www.youtube.com/@business
Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake
Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol
Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts