Bloomberg Daybreak: Asia Edition Daybreak Weekend: Fed Decision, Trump UK Visit, BOJ Policy
5 snips
Sep 12, 2025 Lee Clasgow, a Senior Transport Logistics and Shipping Analyst, shares insights on the FedEx earnings report and the impact of trade policies on logistics. Ellen Milligan, a political correspondent, discusses President Trump's upcoming visit to the UK, including political ramifications and protest dynamics. Mia Glass, a Japan FX reporter, explores the impending Bank of Japan policy changes amidst political turbulence, emphasizing how inflation and leadership shifts could affect future monetary strategies.
AI Snips
Chapters
Transcript
Episode notes
Fed Likely To Cut 25bps, Guidance Matters
- The Fed is likely to cut rates by 25 basis points but not 50 given weakening labor market and sticky inflation.
- Markets will key on Fed guidance, dot plot, and whether the terminal rate forecast gets lowered.
Services Inflation Complicates Fed Path
- August CPI showed services inflation driving the surprise, not goods, which complicates Fed policy choices.
- The Fed may avoid specific guidance for October and December to gather more data first.
Focus On FedEx Guidance Not Just Results
- Watch FedEx's earnings for management guidance on volumes and cost cuts amid tariff changes and weaker industrial demand.
- Expect discussion of de minimis rule removal, China‑US parcel declines, and Network 2.0 impacts.