Trump Visits Fed HQ, Downplays Clash With Powell; Intel Shares Slide on Turnaround Concerns
Bloomberg Daybreak: US Edition
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Trump, Market Shifts, and Unprecedented Heat
This chapter covers President Trump's historic visit to the Federal Reserve and his desire for lower interest rates while avoiding calls for the chairman's dismissal. It delves into various market developments, including Intel's struggling shares, Volkswagen's revised outlook, and a surge in meme stock trading, alongside a significant corporate incident involving Citigroup and political tensions surrounding Palestine. Additionally, the chapter concludes with alarming updates on extreme heat affecting over 130 million people across the U.S.
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