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Trump Disputes Pentagon View on Iran Damage; Powell Testimony Day 2 | Bloomberg Brief 6/25/2025
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June 25, 2025
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43:23Now PlayingUS equity futures stay muted after the Nasdaq 100 hits a record high. Oil prices rebound after a two-day slump as investors weigh the ceasefire between Israel and Iran. President Trump disagrees with the Pentagon's assessment on the impact of the US airstrikes on Iranian nuclear facilities. The president participates in the NATO Summit in the Netherlands. Federal Reserve Chair Jerome Powell heads back to Capitol Hill to testify before a Senate panel. Peel Hunt's Kallum Pickering says the Fed is set up to react late to economic weakness. Sitara Sundar of JPMorgan Private Bank remains optimistic that stocks will remain resilient in the next 12 months. “Bloomberg Brief” delivers the market news, data and analysis you need to set your agenda.
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