United Statesmonetary

David Kelly, chief global strategist at JPMorgan Asset Management, expects that Federal Reserve Chair-Elect Kevin Warsh is likely to vote to hold interest rates steady at next month's meeting while seeking to build consensus with his new colleagues.

UK inflation fell to its lowest rate in more than a year, prompting traders to bet on fewer Bank of England interest-rate hikes even though economists expect price pressures to return. Bloomberg's Sam Unsted reports.

OECD Secretary General Mathias Cormann discusses the impact of the conflict in the Middle East on the global economy, saying the Iran war is putting "downward pressure on growth and upward pressure on inflation." He speaks to Bloomberg's Oliver Crook on the sidelines of a Group of Seven meeting in Paris.

Kim Crawford, global fixed income portfolio manager at JPMorgan Asset Management, and Laura Cooper, global investment strategist and macro credit head at Nuveen, discuss the selloff in global bond markets as a fragile ceasefire between the US and Iran extends past 40 days and a deal to reopen the Strait of Hormuz remains elusive. They speak on Bloomberg Television.

Federal Reserve Governor Stephen Miran speaks about inflation from supply shocks, how the central bank can work with the Treasury and White House going forward, and reflects on his time at the Fed.

Panmure Liberum economist Simon French discusses the UK economy and the political crisis surrounding Prime Minister Keir Starmer. Gross domestic product grew 0.6% in the first quarter, a jump from the 0.2% in the previous three months and the fastest expansion for a year. French speaks on Bloomberg Television.

Federal Reserve Bank of San Francisco President Mary Daly downplayed division in the central bank's policy statement, pointing to the agreement by the Fed's rate-setting committee to holding rates steady. Daly says it is too early to tell if the central bank is at the end of its rate-cutting cycle and explains what she is watching for on inflation expectations from consumers and producers.

Federal Reserve Bank of San Francisco President Mary Daly says it is too early to tell if the central bank is at the end of its rate-cutting cycle and explains what she is watching for on inflation expectations from consumers and producers.

Fabio Bassi, head of cross-asset strategy at JPMorgan, discusses market sentiment as global equities rose on optimism that the US and Iran were nearing a deal. "The AI upstream theme is a critical diver of the dynamic of the equity market," Bassi tells Bloomberg Television. He adds that despite the oil supply shock in response to the situation in the Middle East, the message from earnings is still "positive."

Federal Reserve Bank of New York President John Williams said the current stance of the US central bank balances risks to price stability and full employment amid disruptions from the Iran war. Williams spoke Monday at an event in New York City.