Fed Minutes Show Hawkish Unity Behind September Hike

Bloomberg Television2 hours ago48:57

All 19 Federal Reserve officials backed the decision in September to raise interest rates, with many supporting the move to guard against the risk of intensifying inflation pressures. Bloomberg's Mike McKee reports from Washington. Yemeni armed forces say they took control of the Red Sea city of Mokha on Monday after battles with the Iran-backed Houthis. Jennifer Welch of Bloomberg Economics examines what it means for the state of conflict in the Middle East at large. Lumen CEO Kate Johnson discusses the impact of AI on the telecom sector. Plus - Apple's upcoming push into smart home devices will include a doorbell, thermostat and other accessories developed through an unusual partnership with LG Electronics. Bloomberg's Mark Gurman joins to discuss. All on the latest episode of Bloomberg Businessweek Daily. Chapters 00:00:00 Bloomberg Businessweek Daily 00:01:00 Fed Signals Another Rate Hike This Year 00:05:03 Inflation, Jobs & the Fed's Next Move 00:09:32 Iran War, Houthis & the Red Sea 00:12:20 Saudi Arabia's Fight Against the Houthis 00:14:45 Oil Flows, Hormuz & Energy Markets 00:17:11 U.S. Role in the Iran War 00:19:04 Markets React to the Fed Minutes 00:21:11 Lumen CEO on the Company's AI Transformation 00:23:42 AI Spending, Data Centers & Enterprise Demand 00:25:37 Lumen's Turnaround, Debt & Revenue Growth 00:29:47 What CEOs Are Getting Wrong About AI 00:32:33 Markets: Stocks, Rates & Oil 00:34:39 Apple's New Smart Home Strategy 00:37:21 Apple Takes on Google & Amazon 00:42:52 Markets Digest the Fed Minutes 00:44:21 SpaceX, AI Spending & Rising Debt 00:46:07 Ford, GM & Micron -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg Business on: X: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/ TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en Reddit: https://www.reddit.com/r/bloomberg/ LinkedIn: https://www.linkedin.com/company/bloomberg-news/ More from Bloomberg: Bloomberg Radio: https://twitter.com/BloombergRadio Bloomberg Surveillance: https://twitter.com/bsurveillance Bloomberg Politics: https://twitter.com/bpolitics Bloomberg Originals: https://twitter.com/bbgoriginals Watch more on YouTube: Bloomberg Technology: https://www.youtube.com/@BloombergTechnology Bloomberg Originals: https://www.youtube.com/@business Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts

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