Bloomberg Daybreak: US Edition
Daybreak Holiday: Trump versus Powell, ETF Inflows, Antitrust in Focus
Apr 17, 2025
Michael McKee, a seasoned Bloomberg International Economics and Policy Correspondent, dives into the tension between President Trump and Fed Chair Powell, emphasizing the importance of central bank independence. Eric Balchunas, an ETF expert, examines recent shifts in market dynamics, revealing investor tendencies towards cash-like ETFs amidst volatility. Finally, Jennifer Rie, a Senior Litigation Analyst, unpacks the ongoing antitrust battles with big tech, particularly the FTC's efforts against Meta, spotlighting the complexities of proving anti-competitive behavior.
38:55
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Quick takeaways
- President Trump's criticism of Fed Chair Powell raises concerns about the Federal Reserve's independence and its impact on economic stability.
- Ongoing antitrust investigations signal a shift towards stricter regulatory actions against big tech companies, reflecting growing scrutiny of monopolistic behaviors.
Deep dives
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