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Fed Minutes Show Officials See Dual-Sided Risks From Iran War

Federal Reserve officials wrestled with starkly differing scenarios for the US economy following the outbreak of the Iran war, including one that called for interest-rate cuts and another that would require raising rates. Minutes of the Federal Open Market Committee's March 17-18 meeting, released Wednesday in Washington, showed most officials worried the war could hurt the labor market and warrant lower interest rates. At the same time, many policymakers highlighted the risk to inflation that might ultimately warrant rate increases. Bloomberg's Mike Mckee joins to break down the Fed Minutes and what this will mean for future rate cutes.

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Bloomberg

US and Iran Agree to Hold Talks Even as Hormuz Stays Blocked

Retired General Frank McKenzie join Balance of Power stating the US will be able to claim a significant victory in the war with Iran if all the conditions outlined by the US are met, though Tehran will try draw out negotiations and change the terms. The US and Iran said they are prepared to hold talks to end the war in the Middle East during a proposed two-week pause in hostilities, even as Israeli strikes on Lebanon threatened to derail the fragile truce. Further adding uncertainty, sporadic fighting continued throughout the region and the Strait of Hormuz remained largely blocked. President Donald Trump has said that reopening the strait was a condition for halting the fighting.

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Bloomberg

Anthropic Gives Tech Firms Early Access to Powerful AI Model

Anthropic is giving tech firms access to a powerful, unreleased AI model, Mythos, in an effort to prepare for possible cyberattacks that could result from wider adoption of the technology. Theresa Payton, CEO of Fortalice Solutions and former White House Chief Information Officer during the George W. Bush administration, discusses how this tool can help companies combat cyber attackers. She joins Caroline Hyde and Ed Ludlow on "Bloomberg Tech."

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Bloomberg

Analyzing a Fragile Ceasefire

A fragile Iran-Israel ceasefire hangs in the balance as tensions rise across the Middle East.  Rachel Bronson, a Nonresident Senior Fellow on Energy and Geopolitics at the Chicago Council on Global Affairs joins Bloomberg Open Interest to break down why this is only a temporary pause, how energy markets are reacting, and what a potential shift in global oil power could mean for the US and its allies.

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