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Anthony Fauci invoked his Fifth Amendment rights and declined to testify Wednesday in a Senate committee hearing on his role in the US response to Covid-19. Fauci slammed the proceeding as having been designed to push him into making incriminating statements.
The Fed is expected to hold interest rates steady when it concludes its two-day meeting today. But Wall Street still says there's a 35% chance Chairman Kevin Warsh could shock markets and hike rates. Bloomberg's Michael McKee has more on what to watch for.
Amy Gower, lead metals and mining strategist at Morgan Stanley, says she would "expect gold to be under some pressure" in the case of an interest-rate hike from the Federal Reserve as she examines the path forward for the precious metal.
Former Kansas City Federal Reserve President Esther George expects the Fed to hold interest rates steady at today's meeting, but says she continues to be concerned about the duration of elevated inflation in the US economy.
Claudia Sahm, chief economist at New Century Advisors, says uncertainty about the Federal Reserve's interest rate decision comes from "a Fed Chair who was gone really low information on how he's thinking about policy."
Priya Misra, JP Morgan Asset Management Portofolio Manager, looks ahead to the Fed's rate decision and how many dissents there could be. She joins Bloomberg's Vonnie Quinn on "Bloomberg Brief."
Hinda Gharbi, CEO of Bureau Veritas, one of the world's leaders in testing, inspection and certification, says the business environment is 'complex' but the company has seen 'resilience' despite the tensions in the Middle East. Gharbi spoke exclusively with Bloomberg's Francine Lacqua from Paris.
Saudi Arabia said late Tuesday it intercepted drones launched by Tehran-backed militias in Iraq that were targeting its oil facilities for a second straight day. The US and Saudi Arabia then jointly hit weapons and other sites belonging to "Iran-aligned terrorists" in Iraq, the American military said. Col. Wayne Sanders (Ret.) of Bloomberg Intelligence examines the significance of Saudi Arabia's involvement in the strikes.
The US said the Islamic Revolutionary Guard Corps fired multiple ballistic missiles from Iran at American troops in the region, with all the projectiles being thwarted. Tyler Kendall reports on Bloomberg Television.
Hinda Gharbi, CEO of Bureau Veritas, one of the world's leaders in testing, inspection and certification, says the business environment is 'complex' but the company has seen 'resilience' despite the tensions in the Middle East. Gharbi spoke exclusively with Bloomberg's Francine Lacqua from Paris.
Israeli Prime Minister Benjamin Netanyahu earlier met with President Trump at the White House, with Trump seeking to lay the ground for further diplomacy in the conflict. Netanyahu later posted on Instagram that it was quote "one of the best conversations I've had with" Trump. Bloomberg's Dan Williams reports from Washington DC.
Zambia's kwacha is nearing parity with the South African rand. Chief Africa Correspondent Jennifer Zabasajja reports the kwacha has appreciated almost 18% against the dollar this year - making it the second-best performing currency tracked by Bloomberg.
