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Powell Says Too Soon to know Impact of Iran War

Federal Reserve chair Jerome Powell said that it is too soon to know what kind of economic impact will come from war with Iran. Speaking at an event at Harvard University, Powell told students that the Fed's rate decisions really only have a meaningful impact on demand, not supply. Powell did say that the rise in oil prices is a supply shock that could impact inflation expectations and that has to be carefully monitored.

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Bloomberg

Powell Says There's Tension Between Fed's Two Mandates, Welcomes Dissent

Speaking at a event at Harvard University Federal Reserve chair Jerome Powell said that there's currently tension between the Fed's dual mandates as it aims to keep the labor market and inflation in check. Powell also said that he welcomes debate given the difficult landscape. Addressing the recent string of dissents, he said it would be 'misleading' to expect unanimity at this time.

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Bloomberg

Inside the Space Defense Race

Space is becoming the next battlefield. York Space Systems CEO Dirk Wallinger joined Bloomberg Open Interest to explain how wartime urgency is reshaping defense technology and shifting from slow, expensive systems to rapid deployment, constant iteration, and scalable satellite networks. As demand surges from the Pentagon, the race to dominate space-based infrastructure is accelerating fast.

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Bloomberg

US Iran Tensions Fuel Market Uncertainty

Democratic strategist Adam Hodge from Bully Pulpit International joins Bloomberg Open Interest to break down rising US tensions with Iran, calling out mixed messaging from the White House, Congress's absence during the crisis, and the growing economic fallout. With oil prices climbing and no clear endgame, he talks about what comes next for markets and global stability.

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