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Bloomberg

Not Great Backdrop for Fed to Ease: Roth

Stephanie Roth, chief economist at Wolfe Research, joins Scarlet Fu on "Bloomberg Real Yield."  When Kevin Warsh hosts his first meeting as the new chair of the Federal Reserve, he'll face an immediate dilemma: Stare down White House demands for immediate interest-rate cuts, or stare down fellow policymakers who remain skeptical of the need to ease.

Leia mais: Not Great Backdrop for Fed to Ease: Roth
Bloomberg

The US States Where Gas Prices Are Surging Fastest Under Trump

US President Donald Trump has vowed to maintain a naval blockade on Iran, reiterating that the policy is depriving the Islamic Republic of much-needed oil revenue. West Texas Intermediate, the main US crude marker, rallied toward $111 a barrel on Thursday, while Brent, the global benchmark, topped $126. Iran's Supreme Leader Mojtaba Khamenei cast doubt on the prospects of a deal, vowing not to give up the Islamic Republic's nuclear or missile technologies, and signaling Tehran would keep control of the Strait of Hormuz. The American Automobile Association says in California, the average statewide price for regular gasoline rose to $6.01, the highest since October 2023. Skyrocketing pump prices are a major political risk for President Donald Trump's White House, especially ahead of the midterm elections. Bloomberg's Charlie Wells explains on "The Pulse with Francine Lacqua."

Leia mais: The US States Where Gas Prices Are Surging Fastest Under Trump