US President Donald Trumped stepped up his attacks on the chair of the Federal Reserve, repeating calls for Jerome Powell to cut interest rates immediately. In his latest social media post, the President said Powell would be responsible for any economic slowdown. US stocks are set to bounce back from Monday’s losses, amid concerns over potential changes to the Fed, as investors weigh progress on trade talks with India and Tesla’s upcoming earnings.
Meanwhile, tributes continue to pour in from world leaders after Pope Francis passed away on Monday at the age of 88. Pope Francis’s funeral has been set for Saturday at 10am CET. President Trump says he and the First Lady will attend the pope’s funeral.
Today’s guests: Bhanu Baweja, UBS Investment Bank, Chief Strategist; John Studzinksi, PIMCO Vice Chairman & Megan Greene, Bank of England Monetary Policy Committee Member
Chapters:
00:00:00 – The Pulse with Francine Lacqua
00:01:43 – Bhanu Baweja, UBS Investment Bank Chief Strategist
00:03:46 – JD Vance to meet with Modi as Trump’s trade war escalates
00:14:44 – World leaders remember Pope Francis
00:18:07 – John Studzinksi, PIMCO Vice Chairman
00:24:29 – Megan Greene, Bank of England Monetary Policy Committee Member
00:38:29 – US, Ukraine to hold talks in London
00:39:00 – Harvard sues Trump admin in escalating fight over funding
00:39:21 – Nomura’s biggest deal since Lehman
00:39:48 – Novo falls on pressure from Lilly’s pill
00:40:32 – Tesla reports amid backlash
00:44:58 – Pricey perfume boosts L’Oreal
00:47:36 – Trade probes cloud Roche earnings
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