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Bessent Urges Fed to Lower Rates by 150 Basis Points or More | Open Interest 8/13/2025
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August 13, 2025
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August 13, 2025
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1:29:13Now PlayingGet a jump start on the US trading day with Matt Miller and Katie Greifeld on "Bloomberg Open Interest." President Trump is eyeing 10 to 11 frontrunners for Fed Chair. Open Interest speaks with one of the candidates, former St. Louis Fed President Jim Bullard, about the selection process and his view on a rate cut. In the restaurant business, Cava shares drop after cutting its sales outlook. On the other hand, sandwich chain Potbelly is rapidly expanding, its CEO Bob Wright says they are stingy when it comes to price increases. And the meal kit service, Blue Apron, joins the show to discuss changing its signature subscription model to meet consumer habits.
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