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Speaker 1: Bloomberg Audio Studios, podcasts, radio.

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Speaker 2: News.

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Speaker 3: News when you want it With Bloomberg News Now, I'm

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Speaker 3: Brain Curtis In Hong Kong, the Kansas City Chief's Super

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Speaker 3: Bowl parade ended in tragedy.

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Speaker 1: Today.

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Speaker 3: Bloomberg's Ed Baxter has the story.

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Speaker 4: The mass shooting has left one person dead and twenty

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Speaker 4: two people injured. Eight of those people are children. Gunfire

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Speaker 4: broke out at the conclusion of the parade at Union Station,

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Speaker 4: which is a large entertainment center. Police Chief Stacy Graves

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Speaker 4: says she is angry. We were here for a safe

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Speaker 4: celebration and because of two bad actors or more, it

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Speaker 4: is why we're standing here today. And Mayor Quinin Lucas

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Speaker 4: says he was there with his family. He says he

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Speaker 4: is proud of the response of the police department.

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Speaker 3: When you have people who decide to bring guns to events,

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Speaker 3: when you have people who are deciding to try to

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Speaker 3: mar events, celebratory ones like this one.

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Speaker 4: And he's as he doesn't want people to have to

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Speaker 4: feel afraid when they attend a large event. Ed Baxter,

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Speaker 4: Bloomberg Radio.

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Speaker 3: In other news, Indonesia's Defence Minister Proboo Subianto declared victory

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Speaker 3: in Wednesday's presidential vote. Proboo and his running mate Jabron

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Speaker 3: rockabooming Raka have secured nearly sixty percent in quick counts

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Speaker 3: done by private pollsters. Bloomberg's has Linda Ahmen has more.

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Speaker 1: You know, this quick count of an acriage for the

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Speaker 1: party election, so a lot a lot of based out

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Speaker 1: right now. It shows a decisive victory for Pobo and

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Speaker 1: his running made Gibran, who is by the way, the

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Speaker 1: incumbent President Jokoi's son. They secured almost sixty percent of

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Speaker 1: the votes, which by the way, is higher than what

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Speaker 1: most poles predicted and better than Jokui's own performance at

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Speaker 1: the loss to Elecgency.

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Speaker 3: That's Bloomberg's has Linda Ahmen. It puts Probolo on course

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Speaker 3: to lead the country after two failed attempts. FED Vice

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Speaker 3: Chair for a supervision Michael Barr says he supports the

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Speaker 3: fed's careful appro coach to fighting inflation. He said the

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Speaker 3: CPI data from January gives the FED some reason to

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Speaker 3: be cautious.

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Speaker 2: As Chair Powell indicated in his most recent press conference,

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Speaker 2: my FMC colleagues and I are confident that we are

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Speaker 2: on a path to two percent inflation. I fully support

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Speaker 2: what he called a careful approach to considering policy normalization

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Speaker 2: given current conditions. January's report and consumer product index inflation

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Speaker 2: is a reminder that the path back to two percent

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Speaker 2: inflation may be a bumpy one.

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Speaker 3: Barr also said that supply chain improvements and workforce gains

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Speaker 3: have helped lower inflation without a strong cost to growth. Meantime,

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Speaker 3: Chicago FED President Austin Goulesby agrees that the FED is

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Speaker 3: making progress. Goulesby also said that China's market volatility would

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Speaker 3: likely have a global impact.

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Speaker 5: I think it's unrealistic that if the second biggest economy

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Speaker 5: had a huge recession that then wouldn't be a risk

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Speaker 5: of recession for them the US if only cut through

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Speaker 5: the freak out channel, that a bunch of investment would

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Speaker 5: go down. People would be People's confidence would be shaken.

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Speaker 3: Chicago FED President Austin Goolsby. Investors around the world are

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Speaker 3: keeping a close eye on China as it deals with

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Speaker 3: a property crisis, with deflation, slowing growth, and rising youth unemployment.

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Speaker 3: After the Bell, Cisco Systems announced to restructuring. Roughly five

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Speaker 3: percent of its workforce will be let go, and that's

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Speaker 3: approximately four thousand positions. Taiwan's Semiconductor or TSMC gained in

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Speaker 3: Taiwan the most in three years. That's partly after Morgan

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Speaker 3: Stanley lifted its price target on the company by about

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Speaker 3: nine percent. Global news twenty four hours a day and

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Speaker 3: whenever you want it with Bloomberg News now in Hong Kong.

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Speaker 3: I'm Brian Curtis. This is Bloomberg