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Speaker 1: From the Bloomberg Interactive Brooker Studios. This is Bloomberg day

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Speaker 1: Break for Wednesday. A ridgewealth coming up today. Wall Street

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Speaker 1: braces for the latest reading on inflation division in the

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Speaker 1: Fed over the future of interest rates, The Pentagon promises

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Speaker 1: to turn over every rock to plug up an intelligence league.

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Speaker 1: And we take you to Northern Ireland for President by

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Speaker 1: a speech on a good Friday. Accord Manhattan, DA braggs

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Speaker 1: whose Congressman Jim Jordan concerning the Trump indictment. Plus New

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Speaker 1: York's mayor says the crime fighting diggidog is out of

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Speaker 1: the pound. I'm Michael Barre Moore Ahead. I'm John stashowin

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Speaker 1: Swarts a Yankee route in Cleveland. The Mets lost to

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Speaker 1: the Padres, a win for the devils. That's all straight

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Speaker 1: ahead on Bloomberg day Break, The business news you need

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Speaker 1: disturn your day, and just one fifteen minute podcast each

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Speaker 1: pointing on Apples, Spotify, the Bloomberg Business app and everywhere

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Speaker 1: you get your podcasts. Good morning, I'm Nathan Hagar and

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Speaker 1: I'm kieron Moscow. Here are the stories we're following today.

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Speaker 1: We might not see much movement in the futures till

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Speaker 1: we get the highly anticipated report on inflation Consumer Price

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Speaker 1: Index to out at eight thirty am Wall Street Time,

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Speaker 1: and we get a preview now from Bloomberg's Michael McKee.

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Speaker 1: The FET is all about inflation these days, which puts

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Speaker 1: a lot of focus on the consumer Price Index. The

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Speaker 1: problem for markets is it's not likely to provide the

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Speaker 1: kind of definitive rate clues investors want. Headline CPI is

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Speaker 1: forecast to be cut in half, which will be in

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Speaker 1: a big drop in the year over year rate, but core,

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Speaker 1: which gets more attention from the Central Bank, isn't likely

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Speaker 1: to budge and may actually rise year over year. Since

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Speaker 1: the Fed doesn't meet again until May third, officials will

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Speaker 1: have to look at all sorts of other data to

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Speaker 1: divine where inflation will be. Then, Michael McKee Bloomberg Daybreak.

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Speaker 1: All right, Mike, thanks well. As we await the CPI report,

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Speaker 1: there is division among FETE officials on the future path

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Speaker 1: of interest rates, and we get the story live with Bloomberg,

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Speaker 1: John Tucker, John, good morning, and Karen. Not everybody at

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Speaker 1: the Fed seems to be on the same page. Take

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Speaker 1: the new Chicago Fed President Austin Gulsby. He sounds more

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Speaker 1: dovish after the collapse of Silicon Valley Bank and the

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Speaker 1: turmoil that unleashed. I think that at moments of financial

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Speaker 1: stress like this, the right monetary policy is really caution

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Speaker 1: and watchfulness and prudence. Gulsby, speaking at the Economic Club

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Speaker 1: of Chicago, is the first FED official to suggest policymakers

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Speaker 1: may need to hold off on further hikes. And then

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Speaker 1: there's New York Fed President John Williams. He says FED

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Speaker 1: officials still had more work to do to bring down prices,

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Speaker 1: and one more hike is a reasonable starting place. Live

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Speaker 1: in New York. John Tucker, Bloomberg Day Break. Thank you, John.

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Speaker 1: It's not just the Fed. Janet Yellen is weighing in

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Speaker 1: on the economy. The Treasury Secretary is shrugging off recent

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Speaker 1: banking turmoil to declare the economy better off than six

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Speaker 1: months ago. I said that the global economy was in

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Speaker 1: a bitter placed the many predicted last fall. That basic

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Speaker 1: picture has remained largely unchanged. Prices of commodities like food

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Speaker 1: and energy, of stabilized supply chain pressures continued to ease,

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Speaker 1: and global growth projections remain higher than they were in

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Speaker 1: the fall. Secretary Yellin's comments contrast with the International Monetary

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Speaker 1: Funds revised economic outlook. The IMF has trimmed global growth

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Speaker 1: projections to two point eight percent this year and three

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Speaker 1: percent in twenty twenty four. Well, Nathan, the biggest US

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Speaker 1: banks are planning to boast or reserves, and a move

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Speaker 1: tied to their unusual effort to shore up First Republic

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Speaker 1: Bank last month. Bloomberg News has learned some of the

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Speaker 1: banks that contributed the largest chunk of the thirty billion

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Speaker 1: dollars in deposits are planning to set aside about one

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Speaker 1: hundred million dollars each. Sources say the group includes JP

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Speaker 1: Morgan Chase, while Sfargo City Group and Bank of America

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Speaker 1: which each put up five billion. And we now turned

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Speaker 1: care into the latest on the leak of those classified

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Speaker 1: Pentagon documents. Defense Secretary Lloyd Austin is now promising to

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Speaker 1: get to the bottom of it, and Bloomberg said Baxter

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Speaker 1: has the story. Secretary Austin says they will not ignore this.

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Speaker 1: We take this very seriously. He says, they are following

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Speaker 1: multiples of directions. We will continue to investigate and turn

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Speaker 1: over every rock until we find the source of this

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Speaker 1: and the extent of it and wants to assure Americans

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Speaker 1: nothing will ever stop us from keeping America secure. The

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Speaker 1: Pentagon and Department of Justice are involved in San Francisco.

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Speaker 1: I'm at Baxter Bloomberg Daybreak. All rated things well, the

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Speaker 1: Documents League could cast a shadow on President Biden's trip overseas.

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Speaker 1: He's in Belfast, Northern Ireland, where he'll mark the twenty

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Speaker 1: fifth anniversary of the Good Friday Agreement. The President will

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Speaker 1: meet later this morning with UK Prime Minister Rishi Sunac

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Speaker 1: begin more from Bloomberg News. Dublin Bureau chief Morwenna Konium.

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Speaker 1: We're expecting a few things to come up. Of course,

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Speaker 1: we've recently had learned about the leak of the documents

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Speaker 1: in the Pensgon, which is almost certainly going to come up.

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Speaker 1: As the k is one of the US's close as allies,

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Speaker 1: they do share intelligence, so that will obviously be on

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Speaker 1: the agenda. But the purpose of the visit is really

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Speaker 1: to celebrate the achievements of the Good Friday Agreement, which

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Speaker 1: was signed twenty five years ago and largely brought Peaston,

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Speaker 1: Northern Ireland after thirty years of sectarian violence. And Bloomberg's

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Speaker 1: Morwenna Kneum says President Biden and Prime Minister Soona I

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Speaker 1: planned to discuss support for Ukraine today, but the White

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Speaker 1: House says they're not likely to talk about a free

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Speaker 1: trade pact for now. Turning to corporate news, Karen and

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Speaker 1: Twitter no longer exists as an independent company. Let's get

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Speaker 1: the details live from Bloomberg. Steve Rappaport, Steve, Good morning,

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Speaker 1: Nathan and Karen. You could say X Musk's the spot,

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Speaker 1: as Twitter is now part of the newly formed shell

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Speaker 1: firm X Corp. It's the latest change in a sweeping

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Speaker 1: overhaul since Musk acquired the platform. The billionaire CEO launched

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Speaker 1: his takeover bit a year ago this week, and reflected

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Speaker 1: on the journey in a Twitter Space broadcast with the

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Speaker 1: BBC hind Size twenty twenty. So that the bunch of

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Speaker 1: decisions that can remade better for sure, but it said

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Speaker 1: oldswell agains well. I think it's going pretty well. Musk

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Speaker 1: also predicted better days ahead for revenue, saying most advertisers

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Speaker 1: that abandoned the platform under his ownership have returned. Live

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Speaker 1: in New York, I'm Steve Rappaport, Bloomberg Daybreak. All right, Steve.

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Speaker 1: Thanks Well. Another corporate news, Bloomberg News has learned that

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Speaker 1: Emerson Electric is an advanced talk to acquire national instruments.

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Speaker 1: Emerson has offered sixty dollars a share for the maker

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Speaker 1: of measurement systems, and shares a National Instruments are up

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Speaker 1: four percent in early trading. And this is Bloomberg sixty

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Speaker 1: five degrees in New York can be partly sunny and

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Speaker 1: breezy today with hines and the upper seventies clearing skies

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Speaker 1: tonight lows in the sixties. Time now to take a

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Speaker 1: look at some of the other stories making news in

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Speaker 1: New York and around the world. For that, we're joined

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Speaker 1: by Bloomberg's Michael barn Good Morning, Michael, Good Morning. Nathan

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Speaker 1: Manhattan DA Alvin Bragg filed a lawsuit against Representative Jim

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Speaker 1: Jordan to a House Judiciary Committee inquiry. Bragg says it

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Speaker 1: is a campaign to intimidate and attack him over his

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Speaker 1: indictment of former President Trump. Loyola law professor Laurie Levinson,

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Speaker 1: it's very clear that what Jim Jordan, who's an ally

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Speaker 1: of Trump, is trying to do is to interrupt, interfere,

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Speaker 1: and intimidate the Bragg prosecution of Donald Trump. That's not

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Speaker 1: really a function of Congress. Meanwhile, Donald Trump asked for

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Speaker 1: a four week delay in the start of a civil

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Speaker 1: trial over rape accusations from author Jean Carroll in the

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Speaker 1: mid nineteen nineties. Trump citing a deluge of publicity from

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Speaker 1: the recent unrelated criminal case brought against him by the

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Speaker 1: Manhattan DA. New Jersey crews are battling a mass of

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Speaker 1: five hundred acre forest fire in Ocean County. Officials in

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Speaker 1: Manchester Townships say a mandatory evacuation order was issued for

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Speaker 1: residents on Division Street in Lakehurst. New York. Governor Kathy

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Speaker 1: Hokel is speaking out after a federal judge in Texas

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Speaker 1: has reversed the FDA's approval of abortion drug Mifipristone. Hucl

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Speaker 1: says Democratic governors have started stockpiling abortion medications. One judge

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Speaker 1: in Amarillo, Texas, thinks he knows better than thousands of

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Speaker 1: doctors and scientists and experts not to mention the countless

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Speaker 1: women who used this medication safely for decades. The US

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Speaker 1: government filed an appeal challenging the judge's ruling. Police bodycam

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Speaker 1: footage of Monday shooting at a Louisville Bank has been released.

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Speaker 1: They say the gunmen to bank employee, walked in the

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Speaker 1: front door, opened fire in a crowded conference room, killing

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Speaker 1: five people and eight others that were wounded before police

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Speaker 1: shot and killed the gunman. New York City is turning

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Speaker 1: over some of its police operations to big tech. Mayor

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Speaker 1: Eric Adams unveiled three new robots that will be used

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Speaker 1: by the department later this year. He says the Digidog

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Speaker 1: robots a rout at a pound. It will be used

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Speaker 1: to interconfine spaces in places where potentially dangerous suspects are barricaded.

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Speaker 1: I don't want to have a police officer going to

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Speaker 1: building with this someone that's dangerous and lose that police officer.

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Speaker 1: Mayor Adam says the robots will provide a live video

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Speaker 1: fee to the NYPD Global News twenty four hours a day,

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Speaker 1: powered by more than twenty seven hundred journalists, analyist and

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Speaker 1: over one hundred and twenty countries. I'm Michael Bard. This

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Speaker 1: is Bloomberg, Nathan Woof, Thank you, Michael. It's time for

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Speaker 1: a Bloomberg Sports UPDACOD Morning John stash Aller, and Morning

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Speaker 1: Nathan the Yankees with an easy win in Cleveland. I'll

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Speaker 1: win this afternoon. Means they'll have taken two of three

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Speaker 1: and each of their first fourth series. And they need

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Speaker 1: the good start because their division foe Tampa Bay, is

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Speaker 1: already eleven and oh. As for the Yankees, they put

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Speaker 1: up eleven. I'm the Guardians, including another blast from a

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Speaker 1: new Yank Frenchie Cordero, and he swings in hits a

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Speaker 1: high fly to right backgu comes host on the track

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Speaker 1: on the wall. She's done, said as three run home

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Speaker 1: run for Frenchie Cordero. You can bet the Ranchie on

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Speaker 1: Frenchie w fa N John Sterling, You've got one of

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Speaker 1: those for every one. Cordero released by two ALA's teams,

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Speaker 1: the Red Sox scenarios and already his third home run

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Speaker 1: in twenty one at bats of the Yanks, who won

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Speaker 1: eleven to two. Garrett Cole now three and oh it's

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Speaker 1: city field Manny Machiano two run doubles Andrew Bogart's two

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Speaker 1: run home and the Padres beat the Mets four to two.

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Speaker 1: Mets also a day game today. As for the Rains,

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Speaker 1: they have played four teams, three that finished in last

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Speaker 1: place last season, another that finished the game out of

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Speaker 1: last place, but still eleven and oh. All the wins

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Speaker 1: but one have been by more than three runs. They

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Speaker 1: beat the Red Sox seven to two. In Baltimore's win,

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Speaker 1: the Orioles Ryan Mountcastle drove in nine runs. Devils a

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Speaker 1: six two win over Buffalo Carolina also won. The Hurricanes

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Speaker 1: lead the Devils by one point one game to go.

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Speaker 1: The Bruins set another record, already with the most wins

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Speaker 1: ever and now also the most points NBA play in Atlanta.

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Speaker 1: Won at Miami. The Lakers beat Minnesota in overtime. The

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Speaker 1: winners advanced. The losers will now play the teams that

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Speaker 1: win tonight. John Stasheward Bloomberg Sports Live from coast to coast,

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Speaker 1: from New York to San Francisco, Boston to Washington, d C.

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Speaker 1: Nationwide on Sirius, xamp, the Bloomberg Business app, and Bloomberg

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Speaker 1: dot Com. This is Bloomberg Daybreak. Good morning, I'm Nathan Hager,

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Speaker 1: and this is the first full day for President Biden

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Speaker 1: on his three day trip to Ireland, kicking it off

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Speaker 1: this morning in Belfast, where he will meet with UK

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Speaker 1: Prime Minister Rishi Sunak and give a speech marking twenty

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Speaker 1: five years since the signing of the Good Friday Piece accord.

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Speaker 1: For the latest we are joined live once again by

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Speaker 1: Bloomberg News Dublin bureau chief Morwenna Conium. Morwenna, good morning,

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Speaker 1: thanks again for being with us. We've already seen some

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Speaker 1: headlines from the White House about what the President and

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Speaker 1: the Prime Minister are expected to talk about before that

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Speaker 1: speech in Belfast later today. What are we hearing from

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Speaker 1: the White House? Yes, so there's been a breach this

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Speaker 1: morning on the topics of what they're going to talk about.

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Speaker 1: We know that he's going to be meeting with some

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Speaker 1: of the Northern Irish Party leaders as well. That's something

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Speaker 1: that's going to be coming up in his meeting. Was

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Speaker 1: soon at there a real sense of wanting to resolve

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Speaker 1: the political impasse there. I think also there will be

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Speaker 1: discussion about other issues of he could shared economic interest,

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Speaker 1: including trades. That's something where the UK are quite keen

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Speaker 1: to get agreement on the table with the US. They

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Speaker 1: have been discussing or saying that they might be discussing

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Speaker 1: the leaked documents from the Pentagon as well. Obviously a

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Speaker 1: close ally, so that is something that they do have

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Speaker 1: a shared interest in discussing. Yeah, to say the very least,

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Speaker 1: do we have any sense at this point about how

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Speaker 1: much that leak of sensitive Pentagon intelligence could have over

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Speaker 1: the President as he makes his way through Ireland over

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Speaker 1: the next few days, And well, it will be something

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Speaker 1: that is definitely coming up again when he meets with

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Speaker 1: the Irish Prime Minister Lee of Erica tomorrow. Ireland also,

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Speaker 1: you know, is an ally they will be discussing things

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Speaker 1: to do with the war in Ukraine as well. Where

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Speaker 1: in terms of obviously the sensitive information that there's not

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Speaker 1: very much information available, but you know, if there has

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Speaker 1: been obviously a lot of concern recently we've had increasing

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Speaker 1: Russian cyber attacks that are you know, targeting company supporting

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Speaker 1: the US defense industry as well, So it will definitely

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Speaker 1: be a high topic of discussion. Before the President left Washington,

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Speaker 1: we heard him tell reporters that his goal on this

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Speaker 1: trip to Ireland is to keep the peace. Interesting way

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Speaker 1: to phrase it, how do things stand twenty five years

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Speaker 1: after the signing of the Good Friday Accords. Where is

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Speaker 1: the relationship between Catholics and Protestants after all this time? Well,

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Speaker 1: I think it's first of all important not to understate

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Speaker 1: the amount of progress that has been made. Before the

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Speaker 1: nineteen ninety eight agreement, we had seen thirty years of

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Speaker 1: very bloody sectarian violence that has largely come to a halt.

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Speaker 1: Of course, that have been pockets. There was a bit

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Speaker 1: of disruption over the weekend where we saw some parades

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Speaker 1: and some petrol bombs, things thrown at police. But these

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Speaker 1: things are really quite minor in comparison to what did

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Speaker 1: come before the agreement. That said, a lot of the

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Speaker 1: things that were promised at the time of the Good

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Speaker 1: Friday Agreement and established, such as the power sharing government

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Speaker 1: at Stormont, which does enable both nationalists and unionists to

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Speaker 1: share power. That that hasn't been functioning for over a

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Speaker 1: year now, and it actually hasn't functioned for about forty

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Speaker 1: percent of the time that it's been established at first,

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Speaker 1: that in nineteen ninety nine, and so it isn't the

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Speaker 1: best legacy to have it obviously could have worked a

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Speaker 1: lot better, and that is largely because of a stalemate,

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Speaker 1: and it could be triggered by either side. At the moment,

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Speaker 1: it's the unionists, but it's not so much about relations

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Speaker 1: between the Protestant and Catholic or Unionists and nationalists communities.

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Speaker 1: It's actually a political point about the trading relationships in

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Speaker 1: Northern Irelands that have been imposed and or suggested by

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Speaker 1: the Brexit agreement, and that does pay into unionists concerns

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Speaker 1: that by the UK leaving the EU and Northern Ireland

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Speaker 1: being treated separately, that Northern Ireland becomes somehow you know,

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Speaker 1: less British or they're goods are treated differently to the

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Speaker 1: rest of the UK, and that that has really been

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Speaker 1: the point. It's contention which has driven this most recent

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Speaker 1: stalemate and period of dysfunction in the institutions. That's thirty

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Speaker 1: seconds left here, Morena, what's the main thing you're going

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Speaker 1: to be listening for as the President gives his remarks today, Well,

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Speaker 1: we will be listening for any comments on after he's

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Speaker 1: met with the Northern ARS leaders and also with Rahisina

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Speaker 1: in terms of any economic developments. Investment into Northern Ireland

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Speaker 1: is something that people are very keen to hear about

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Speaker 1: on all sides, and so we will be looking for that.

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Speaker 1: Obviously it's Biden, so we will of course also be

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Speaker 1: hoping that he doesn't accidentally say something slightly you know, inappropriate,

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Speaker 1: because it's a very complex situation and he'll be you know,

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Speaker 1: seeking on the hoof, but I think really overall we're

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Speaker 1: looking for signs of progress and support, and it is

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Speaker 1: meant to be a celebration of peace, and I think

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Speaker 1: that that's something that will be coming across. This is

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