Today, Stuart Paul, US and Canada economist for Bloomberg Economics, and Tom Keene, co-host of Bloomberg Surveillance, break down the information out of the Fed’s Beige Book Survey as most Fed regions saw higher inflation than the previous period. Will Kubzansky, Bloomberg News refined products reporters, discusses oil prices moving higher as the US and Iran seem to remain far apart on a potential peace deal. Also, Bank of America CEO and Chairman Brian Moynihan talks with Bloomberg’s Dani Burger and Bloomberg Washington correspondent Tyler Kendall sits down with Xcel Energy CEO Bob Frenzel.
Chapters:
00:00:00 – Bloomberg Businessweek Daily
00:02:08 – Bloomberg Money Premiers Friday, June 5th
00:02:45 – Fed Released Beige Book Data
00:13:11 – Waller’s Push to Shake Up Fed Stirs Regional Autonomy Fears
00:17:30 – Bank of America Chairman & CEO, Brian Moynihan on Bloomberg
00:20:49 – Moynihan: Consumers ‘Micro-Changing’ in Spending as Price Rise
00:22:01 – Moynihan: Affordability Is a Real Issue
00:24:19 – Moynihan: Market Has Absorbed Ai Spending ‘Smoothly So Far’
00:32:12 – Xcel Energy President & Ceo Bob Frenzel on Bloomberg
00:41:45 – Stocks Decline as Us-Iran Clashes Drive Oil Higher
00:48:40 – Us and Iran in Deadly Clashes, Putting Fresh Strain on Truce
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