Fed's Waller on War-Related Inflation, Jobs, Private Credit
Federal Reserve Governor Christopher Waller discusses the potential inflationary impact of war with Iran, US payrolls, ongoing risks from tariffs, and his view of private credit markets.
Federal Reserve Governor Christopher Waller discusses the potential inflationary impact of war with Iran, US payrolls, ongoing risks from tariffs, and his view of private credit markets.
The US-Israeli war has left at least 1,332 people dead in Iran so far, and dozens of others have been killed elsewhere in the region in retaliatory strikes. The Pentagon said six US troops have been killed, all in the first two days of fighting. President Donald Trump said the US continues to "totally demolish" Iranian forces, telling NBC he wanted to "clean out" Iran's leadership structure and he had names in mind to take over. Cathy Ashton - who was the EU's first high representative on foreign affairs from 2009-2014, and a key negotiator of the previous Iran nuclear deal known as the JC-POA Stephen Carroll and Lizzy Burden on Bloomberg radio to discuss the conflict and what might come next.
Federal Reserve Governor Christopher Waller discusses the potential inflationary impact of war with Iran, saying "this is why we never look at energy prices." Waller views the shock in oil prices as "more like a one-off event," than what was seen by markets in the 1970's.
Daan Struyven, global commodities research co-head at Goldman Sachs, discusses risks to oil supplies from the war with Iran and disruption at the Strait of Hormuz.
United Against Nuclear Iran's Director of IRGC Research, Kasra Aarabi joins Bloomberg's The Opening Trade to discuss succession in Iran, after Supreme Leader Ali Khamenei was killed in the US-Israeli war. Aarabi says Iran's "invisible" state, the office of the Supreme Leader along with the Islamic Revolutionary Guard Corps, are working behind the scenes to ensure there is no power vacuum in Iran. Aarabi says in order for ordinary Iranians to take charge of their country, this IRGC apparatus must be dismantled.
Stuart Kaiser, head of equity trading strategy at Citi, examines how equity markets have fared during the first days of the war with Iran.
Oil continues to surge with shipping through the Strait of Hormuz at a near-total halt as the war in the Middle East unleashes a wave of disruption across energy markets. Will Kennedy reports on Bloomberg Television.
Peter Oppenheimer, chief global equity strategist at Goldman Sachs, discusses the impact of war in the Middle East on inflation, the economy and equity markets. "Financial conditions have been tightening globally about 0.3 since this conflict started, and that's another route to which it can affect confidence and equity valuations, at least in the nearer term," Oppenheimer tells Bloomberg Television.
Hongkong Land Holdings Limited Chief Executive Michael Smith tells BTV the commercial property market in Hong Kong is seeing a 'great rebound.'
Former US State Department Senior Adviser and Visiting Fellow at King's College London, Negah Angha, says the Iran war has reached a "critical moment". Angha says US President Donald Trump will need a way out of the conflict soon, as the US public is not happy with the potential of another "forever war". Angha spoke to Vonnie Quinn on Bloomberg Daybreak Europe.
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