Speaker 1: Bloomberg Audio Studios, podcasts, radio news.
Speaker 2: It's single best idea on a Friday after an extraordinary week.
Speaker 2: Just so much thanks to all at Bloomberg, particularly Michael Barr,
Speaker 2: for driving our moment by moment news coverage. A special
Speaker 2: thank you to Miles Miller who joined us on the
Speaker 2: kirk assassination. He's been really leading all of the Bloomberg
Speaker 2: legal coverage and had important conversations on the apprehension of
Speaker 2: a suspect. We thank Miles Miller for that. We attempted
Speaker 2: to commit economics, finance, investment, and international relations this week.
Speaker 2: You can do that with Claudia Sam out of Michigan,
Speaker 2: definitive at the FED noted for the Sam rule, but
Speaker 2: with Claudia Sam, we looked forward to the FED meeting.
Speaker 3: The conversation and the and the rate decision is going
Speaker 3: to hinge on the data and the FED are I mean,
Speaker 3: they are grappling with a really tricky environment in the
Speaker 3: inflation is inflation is too high, it is not, and
Speaker 3: it's not moving towards the Fed's target right now. And
Speaker 3: then you have employment that has really softened. I mean
Speaker 3: it might be structural, might be immigration, but it might
Speaker 3: not be it might be demand as really slipping, and
Speaker 3: so like, the Fed's got one tool and they've got
Speaker 3: two problems that are going in different directions. So they're
Speaker 3: going to have to frame up and really like assess
Speaker 3: from the data which which of these two risks is
Speaker 3: bigger and more persistent. I mean that's the you know,
Speaker 3: that's the way the FED has outlined that it approaches us.
Speaker 3: That's how they're going to do it next week. But
Speaker 3: I mean the reality is this is not going to
Speaker 3: be a normal f MC meeting.
Speaker 2: Claudia sam of New Century Advisors, Tina Fordham is in
Speaker 2: England with wonderful perspective on the events of Europe and
Speaker 2: of course so much still rebounding there about a French
Speaker 2: government collapse. But we did want to look forward, as
Speaker 2: we did with doctor Some with Tina Fordham, to President
Speaker 2: Trump's well orchestrated visit next week to the United Kingdom.
Speaker 1: I suspect that Downing Street will be very careful about
Speaker 1: President Trump's potential encounters whilst he is here, going to
Speaker 1: Windsor Castle, seeing the Queen's tomb, which I've seen, by
Speaker 1: the way, it's really something to behold, as is Windsor Castle,
Speaker 1: I think the emphasis is going to be on the
Speaker 1: good links that exist, but of course in the background
Speaker 1: is going to be the fact that the UK ambassador
Speaker 1: to Washington, Peter Mandelsson, was sacked. I saw that he's
Speaker 1: just been fired from the consulting firm that he works for,
Speaker 1: and that's an embarrassment not only for pure starmer for
Speaker 1: President Trump. It suggests that the Epstein files are real.
Speaker 2: Tina Fordham of Fordham Global Foresight and just an extraordinary week. Again,
Speaker 2: thank you, specially to David Gurra for his assistance on
Speaker 2: a podcast. We're on Apple, We're on Spotify, We're on
Speaker 2: YouTube podcasts. This is a single best idea