Fed Cut Expectations Advance Markets
Get a jump start on the US trading day with Matt Miller, Katie Greifeld and Sonali Basak on "Bloomberg Open Interest." Fed Governor Christopher Waller told Bloomberg TV in an exclusive interview he would support rate reductions in the event that tariffs started to drive job losses. Earnings season is in full swing, with "uncertainty" dominating the theme; Chipotle and Pepsico cut their outlooks, and American Air pulls its 2025 guidance entirely. We'll hear from the ServiceNow CEO on why tariffs may actually be good for his company; and Bess Freedman, Brown Harris Stevens CEO on how the housing market is getting rocked by uncertainty. (Source: Bloomberg)
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