Bloomberg Surveillance Bloomberg Surveillance TV: June 18, 2025
Jun 18, 2025
Jim Bullard, Dean of the Purdue Business School and former St. Louis Fed President, shares insights on the upcoming Federal Reserve meeting and the possibility of rate cuts. He delves into navigating the delicate balance between growth, inflation, and recent economic turbulence. Additionally, discussions arise around global energy prices driven by geopolitical tensions, and experts touch on investment strategies in response to these uncertainties. Bullard's perspectives provide a revealing look at current monetary policy and its implications.
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Damage at Iran Nuclear Sites
- Iran's Natanz enrichment facility was severely damaged with critical power infrastructure also hit, impacting underground operations.
- The Fordow site remains largely intact with its sensitive parts deep underground, mitigating similar damage.
Status of Enriched Uranium Stockpile
- Iran's highly enriched uranium stockpile remains at Isfahan but inspections have paused due to war risks.
- The stockpile's status is assumed stable, though confirmation awaits resumption of inspections.
No Proof of Iranian Nuclear Weapons Program
- No concrete evidence shows an active Iranian nuclear weapons program despite enrichment nearing weapons-usable levels.
- Iran claims a religious ban on nuclear weapons but ambiguity about capabilities persists internationally.