1 00:00:01,280 --> 00:00:04,320 Speaker 1: News when you wanted with Bloomberg News. Now, I'm Doug Chrisner. 2 00:00:04,720 --> 00:00:08,280 Speaker 1: We begin with return of NASA astronaut Sunny Williams and 3 00:00:08,320 --> 00:00:12,039 Speaker 1: Barry Wilmore. Both returned today after being stuck in orbit 4 00:00:12,119 --> 00:00:16,119 Speaker 1: at the International Space Station for nine months. Wilmore and 5 00:00:16,160 --> 00:00:20,200 Speaker 1: Williams were seated inside a SpaceX Dragon capsule with two 6 00:00:20,239 --> 00:00:23,800 Speaker 1: other crew members. They splashed down off the Florida coast 7 00:00:23,840 --> 00:00:28,400 Speaker 1: around six pm Eastern time. Joel Montabano is the Deputy 8 00:00:28,440 --> 00:00:32,640 Speaker 1: Associate Administrator for NASA's Space Operations Mission Directorate. 9 00:00:32,840 --> 00:00:34,120 Speaker 2: I want to tell you we want to thank the 10 00:00:34,159 --> 00:00:38,400 Speaker 2: crew nineteen and the ground teams for their dedication, the excellence, 11 00:00:38,440 --> 00:00:43,040 Speaker 2: their resilience, their flexibility during this expedition, everything they did 12 00:00:43,360 --> 00:00:47,280 Speaker 2: to have a successful expedition. As you have all witnessed, 13 00:00:49,000 --> 00:00:53,199 Speaker 2: SpaceX has been an incredible partner for us and it 14 00:00:53,320 --> 00:00:57,000 Speaker 2: shows the benefits of the commercial public private partnership that 15 00:00:57,040 --> 00:01:00,920 Speaker 2: we have. So they've just been a huge, great partner 16 00:01:01,000 --> 00:01:01,760 Speaker 2: throughout all this. 17 00:01:02,120 --> 00:01:05,920 Speaker 1: That is Joel Montabano from NASA speaking there now. Williams 18 00:01:06,000 --> 00:01:09,240 Speaker 1: and Wilmore arrived at the ISS last June on a 19 00:01:09,280 --> 00:01:13,200 Speaker 1: Boeing spacecraft with plans to spend roughly a week in space, 20 00:01:13,280 --> 00:01:16,000 Speaker 1: but that brief trip turned into a nine month stay 21 00:01:16,440 --> 00:01:19,200 Speaker 1: when NASA decided in August that the pair would come 22 00:01:19,240 --> 00:01:23,840 Speaker 1: home on a SpaceX capsule instead due to technical issues 23 00:01:23,880 --> 00:01:27,600 Speaker 1: with the Boeing vehicle. The Japanese yen is weaker against 24 00:01:27,600 --> 00:01:30,120 Speaker 1: the dollar after the Bank of Japan held its target 25 00:01:30,200 --> 00:01:33,680 Speaker 1: interest rate at fifty bases points. So now the focus 26 00:01:33,720 --> 00:01:36,960 Speaker 1: will be on Governor Kazu Ouweita when he makes comments 27 00:01:37,040 --> 00:01:40,200 Speaker 1: later today and whether he prepares markets for a raid 28 00:01:40,319 --> 00:01:43,959 Speaker 1: hike as soon as May first. Earlier today, President Trump 29 00:01:44,000 --> 00:01:46,959 Speaker 1: and Russian President Vladimir Putin spoke on a phone call 30 00:01:47,000 --> 00:01:50,560 Speaker 1: about a ceasefire in Ukraine. Now, Putin did commit to 31 00:01:50,720 --> 00:01:55,480 Speaker 1: limit Russian attacks on Ukrainian energy and infrastructure assets. However, 32 00:01:55,520 --> 00:01:58,919 Speaker 1: he declined to accept a broader cease fire. President Trump 33 00:01:58,920 --> 00:02:02,000 Speaker 1: says the call with Putin went well. Here is Trump 34 00:02:02,040 --> 00:02:05,200 Speaker 1: speaking earlier on Fox News channels. The ingram angle. 35 00:02:05,640 --> 00:02:08,840 Speaker 3: Russia has the advantage. As you know, they have encircled 36 00:02:08,880 --> 00:02:13,839 Speaker 3: about two five hundred soldiers. They're nicely encircled, and that's 37 00:02:13,880 --> 00:02:16,480 Speaker 3: not good, and we want to get it over with. Look, 38 00:02:16,520 --> 00:02:19,160 Speaker 3: we're doing this. There are no Americans involved. There could 39 00:02:19,200 --> 00:02:21,359 Speaker 3: be if you end up in World War three over this, 40 00:02:21,919 --> 00:02:25,080 Speaker 3: which is so ridiculous, but you know, strange things happen. 41 00:02:25,800 --> 00:02:28,520 Speaker 3: And I think we had a great quote lasted almost 42 00:02:28,560 --> 00:02:31,919 Speaker 3: two hours, talked about a lot of things and toward 43 00:02:32,240 --> 00:02:34,680 Speaker 3: getting it to peace, and we talked about other things also. 44 00:02:35,200 --> 00:02:38,160 Speaker 1: That was President Trump speaking on Fox News channels. The 45 00:02:38,400 --> 00:02:41,359 Speaker 1: ingram angle now the Kremlin's account of the phone call 46 00:02:41,480 --> 00:02:46,399 Speaker 1: included conditions for a lasting ceasefire, such as the suspension 47 00:02:46,400 --> 00:02:50,559 Speaker 1: of arms and intelligence support for Ukraine. The Trump administration 48 00:02:50,639 --> 00:02:55,200 Speaker 1: has released previously classified documents related to the assassination of 49 00:02:55,320 --> 00:02:59,360 Speaker 1: former President John F. Kennedy. The release consisted of approximately 50 00:02:59,440 --> 00:03:05,160 Speaker 1: eighty thousand pages of previously classified records being published without redactions. 51 00:03:05,520 --> 00:03:09,000 Speaker 1: More documents are to be unsealed and released in the future. 52 00:03:09,400 --> 00:03:13,160 Speaker 1: Chief Justice John Roberts issued a rare statement earlier today 53 00:03:13,280 --> 00:03:16,160 Speaker 1: that was after President Trump called for the impeachment of 54 00:03:16,200 --> 00:03:19,600 Speaker 1: a federal judge who tried to pause the deportation of 55 00:03:19,680 --> 00:03:24,000 Speaker 1: hundreds of alleged Venezuelan gang members. Roberts said the impeachment 56 00:03:24,040 --> 00:03:27,360 Speaker 1: of federal judges is not an appropriate response to the 57 00:03:27,360 --> 00:03:31,839 Speaker 1: Trump administration's disagreement with their rulings. Bloomberg Law host June 58 00:03:31,880 --> 00:03:34,880 Speaker 1: Grosso believes John Roberts wanted to put an end to 59 00:03:34,960 --> 00:03:36,360 Speaker 1: the impeachment conversation. 60 00:03:37,080 --> 00:03:41,040 Speaker 4: Not even final orders. It's preliminary orders that they're saying 61 00:03:41,280 --> 00:03:44,680 Speaker 4: are so bad that the judges should be impeached. It's 62 00:03:44,720 --> 00:03:47,040 Speaker 4: just not the way the legal system is supposed to work. 63 00:03:47,080 --> 00:03:49,800 Speaker 4: And I think the Chief Justice just said, let me 64 00:03:49,840 --> 00:03:51,200 Speaker 4: stop this right now if I can. 65 00:03:51,320 --> 00:03:54,400 Speaker 1: Bloomberg Law host June Grosso, there now. The comments from 66 00:03:54,520 --> 00:03:58,720 Speaker 1: Roberts follow weeks of scathing criticism from the administration of 67 00:03:58,920 --> 00:04:02,840 Speaker 1: judges who have halted parts of the president's far reaching agenda. 68 00:04:03,080 --> 00:04:06,320 Speaker 1: Morgan Stanley has planning to cut about two thousand employees 69 00:04:06,400 --> 00:04:09,800 Speaker 1: later this month, right across the firm except for Morgan 70 00:04:09,800 --> 00:04:13,320 Speaker 1: Stanley's financial advisors. We are told this move is aimed 71 00:04:13,360 --> 00:04:17,120 Speaker 1: at keeping a lid on cost as Morgan Stanley executives 72 00:04:17,360 --> 00:04:21,599 Speaker 1: grapple with minimum attrition. The latest survey from Bank of 73 00:04:21,640 --> 00:04:24,680 Speaker 1: America today shows that investors have slashed their holdings in 74 00:04:24,800 --> 00:04:28,360 Speaker 1: US equities by the most on record. Cash levels at 75 00:04:28,360 --> 00:04:30,760 Speaker 1: the same time jumped. I think it's fair to say 76 00:04:30,800 --> 00:04:32,839 Speaker 1: there are a lot of concerns over tariffs and a 77 00:04:32,880 --> 00:04:36,720 Speaker 1: possible economic slowdown as a part of that story. Now, 78 00:04:36,800 --> 00:04:39,640 Speaker 1: today's losses for the equity market came in front of 79 00:04:39,680 --> 00:04:43,760 Speaker 1: tomorrow's decision from the Fed on interest rate policy. Here's 80 00:04:43,760 --> 00:04:46,560 Speaker 1: a preview from Stuart Paul of Bloomberg Economics. 81 00:04:47,200 --> 00:04:50,120 Speaker 5: Beyond what we actually get from the media, FOMC member 82 00:04:50,200 --> 00:04:53,000 Speaker 5: is expectations for the path of interest rates, we're also 83 00:04:53,080 --> 00:04:55,400 Speaker 5: going to get a few clues about what they expect 84 00:04:55,400 --> 00:04:57,480 Speaker 5: for the economy and what's going to be guiding their 85 00:04:57,480 --> 00:04:59,920 Speaker 5: interest rate decision. So we're also probably going to see 86 00:04:59,920 --> 00:05:03,159 Speaker 5: a downward revision of their expectations for twenty twenty five growth, 87 00:05:03,560 --> 00:05:05,560 Speaker 5: and we're also probably going to see an upward revision 88 00:05:05,600 --> 00:05:08,480 Speaker 5: of their estimates for core PCEE inflation for the year ahead. 89 00:05:08,600 --> 00:05:11,880 Speaker 1: That is Stuart Paul from Bloomberg Economics. And needless to say, 90 00:05:11,960 --> 00:05:14,960 Speaker 1: tomorrow's statement will be looked at very closely for any 91 00:05:15,160 --> 00:05:18,839 Speaker 1: signs of how the Fed is assessing President Trump's trade 92 00:05:18,880 --> 00:05:22,359 Speaker 1: policies and the degree to which they may affect the outlook. 93 00:05:22,600 --> 00:05:25,400 Speaker 1: And that is news when you wanted with Bloomberg News. Now, 94 00:05:25,440 --> 00:05:27,640 Speaker 1: I'm Doug Prisner, and this is Bloomberg