Bloomberg's Nathan Hager breaks down the latest PCE data with Bloomberg Economics and Policy Editor Michael McKee. Plus, reaction to the data from Tom Porcelli, Chief US Economist at PGIM Fixed Income, and Wells Fargo Senior Economist Sarah House. 

Bloomberg's Nathan Hager breaks down the latest PCE data with Bloomberg Economics and Policy Editor Michael McKee. Plus, reaction to the data from Tom Porcelli, Chief US Economist at PGIM Fixed Income, and Wells Fargo Senior Economist Sarah House.

Listen for today's top stories, with context, in just 15 minutes. Get informed from Bloomberg's 3,000 journalists and analysts.

Listen for today's top stories, with context, in just 15 minutes. Get informed from Bloomberg's 3,000 journalists and analysts.

Bloomberg Daybreak: Europe Edition

Instant Reaction: Inflation Data

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/933f778f-07e7-411b-8ff3-b14200e0add7/transcript

Your morning briefing, the business news you need in just 15 minutes.
On today's podcast:

(1) President Donald Trump urged Iranians to continue protests against the government of Supreme Leader Ayatollah Ali Khamenei and warned he would “act accordingly” once he gets a sense for how many of the demonstrators have been killed.

(2) Greenland’s prime minister categorically ruled out joining the US and said the Arctic territory prefers to be in a union with Denmark, suggesting the island is putting independence plans on the back burner for now.

(3) President Donald Trump dismissed Jamie Dimon’s criticism over the Justice Department probe into the Federal Reserve, saying the JPMorgan Chase chief executive officer was “wrong” to suggest he was undermining the independence of the central bank.

(4) China’s trade surplus climbed to $1.2 trillion in 2025, extending a record run as the tariff war started by President Donald Trump sent exporters in search of markets beyond the US.

(5) The UK and European Union should have a “more serious” conversation about how they can step up their cooperation in financial services to boost both economies, according to the City of London’s governing body.

(6) Sweden, once a green pioneer, is now seeing its climate change ambitions unravel as populist groups are push back against environmental initiatives, spurred on in part by Donald Trump’s anti-green agenda.

Podcast Conversation: The New Year's Resolutions That Bosses From Chase, Nasdaq Keep

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) President Donald Trump urged Iranians to continue protests against the government of Supreme Leader Ayatollah Ali Khamenei and warned he would &ldquo;act accordingly&rdquo; once he gets a sense for how many of the demonstrators have been killed. (2) Greenland&rsquo;s prime minister categorically ruled out joining the US and said the Arctic territory prefers to be in a union with Denmark, suggesting the island is putting independence plans on the back burner for now. (3) President Donald Trump dismissed Jamie Dimon&rsquo;s criticism over the Justice Department probe into the Federal Reserve, saying the JPMorgan Chase chief executive officer was &ldquo;wrong&rdquo; to suggest he was undermining the independence of the central bank. (4) China&rsquo;s trade surplus climbed to $1.2 trillion in 2025, extending a record run as the tariff&nbsp;war started by President Donald Trump sent exporters in search of markets beyond the US. (5) The UK and European Union should have a &ldquo;more serious&rdquo; conversation about how they can step up their cooperation in financial services to boost both economies, according to the City of London&rsquo;s governing body. (6) Sweden, once a green pioneer, is now seeing its climate change ambitions unravel as populist groups are push back against environmental initiatives, spurred on in part by Donald Trump&rsquo;s anti-green agenda. Podcast Conversation: <a href="https://www.bloomberg.com/news/articles/2026-01-13/six-ceos-reveal-how-they-keep-their-new-year-s-resolutions">The New Year's Resolutions That Bosses From Chase, Nasdaq Keep</a>

US Weighs Iran Action, Trump Says Dimon ‘Wrong’, Sweden’s Green U-Turn

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/b5e69736-de36-4490-8bc5-b3d2006a8724/transcript

Your morning briefing, the business news you need in just 15 minutes.
On today's podcast:


(1) President Donald Trump faced rare opposition from key Republican lawmakers after Federal Reserve Chair Jerome Powell accused the Department of Justice of launching a grand jury investigation to pressure and intimidate the central bank.

(2) President Donald Trump said he is imposing a 25% tariff on goods from countries “doing business” with Iran, ratcheting up pressure on the government in Tehran that has been rocked by widespread protests. 


(3) Japanese stocks extended their climb to record highs while the yen and government bonds slumped on speculation that Prime Minister Sanae Takaichi may soon call a snap election.

(4) UBS Chief Executive Officer Sergio Ermotti said the proposed new banking reforms in Switzerland go “too far” and that lender needs a competitive regulatory framework to grow. 


(5) Finance ministers from the Group of Seven nations, along with officials from other countries, met Monday in Washington to discuss a path forward to “address vulnerabilities in critical minerals supply chains,” the Treasury department said in a statement.

 
(6) UK Prime Minister Keir Starmer escalated his threats against Elon Musk’s X on Monday, vowing to enforce a law that banned the sexualization of people’s images without their consent and calling such content generated by Grok as “disgusting and shameful.


Podcast Conversation: We’re Obsessed With Living Longer, But What About Living Better

Your morning briefing, the business news you need in just 15 minutes. On today's podcast:
 (1) President Donald Trump faced rare opposition from key Republican lawmakers after Federal Reserve Chair Jerome Powell accused the Department of Justice of launching a grand jury investigation to pressure and intimidate the central bank.
(2) President Donald Trump said he is imposing a 25% tariff on goods from countries &ldquo;doing business&rdquo; with Iran, ratcheting up pressure on the government in Tehran that has been rocked by widespread protests.&nbsp;
 (3) Japanese stocks extended their climb to record highs while the yen and government bonds slumped on speculation that Prime Minister Sanae Takaichi may soon call a snap election.
(4) UBS Chief Executive Officer Sergio Ermotti said the proposed new banking reforms in Switzerland go &ldquo;too far&rdquo; and that lender needs a competitive regulatory framework to grow.&nbsp;
 (5) Finance ministers from the Group of Seven nations, along with officials from other countries, met Monday in Washington to discuss a path forward to &ldquo;address vulnerabilities in critical minerals supply chains,&rdquo; the Treasury department said in a statement.
&nbsp; (6) UK Prime Minister Keir Starmer escalated his threats against Elon Musk&rsquo;s X on Monday, vowing to enforce a law that banned the sexualization of people&rsquo;s images without their consent and calling such content generated by Grok as &ldquo;disgusting and shameful.
 Podcast Conversation: <a href="https://www.bloomberg.com/news/features/2026-01-13/we-re-obsessed-with-how-to-live-longer-but-what-about-living-better?sref=AuZ8DRMf">We&rsquo;re Obsessed With Living Longer, But What About Living Better</a>

Trump-Fed Fight Pushback, 25% Iran Partners Tariff, Grok AI's UK Backlash

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/a9c925d5-d40c-4675-88bd-b3d1006b693a/transcript

Your morning briefing, the business news you need in just 15 minutes.
On today's podcast:


(1) Federal Reserve Chair Jerome Powell said the US central bank had been served grand jury subpoenas from the Justice Department threatening a criminal indictment, a dramatic escalation of the Trump administration’s attacks on the Fed.


(2) As protesters pour into the streets of Iran night after night, leaders across the region and around the world are grappling with the possibility that the Islamic Republic could be overthrown — a seminal event that would transform global geopolitics and energy markets.


(3) A group of European countries, led by the UK and Germany, is discussing plans for a military presence in Greenland to show US President Donald Trump that the continent is serious about Arctic security and to try to tamp down American threats to take over the self-ruling Danish territory.

 
(4) Indonesia and Malaysia restricted access to Elon Musk’s Grok AI over the weekend, becoming the first countries to ban the artificial intelligence system over its generation of sexual content.

 
(5) UK employers cut back their hiring again in December, according to a closely watched survey that is likely to add to the Bank of England’s concerns about a weakening jobs market.


(6) An effort by Europe to stand up to China and retain local technology is approaching a breaking point. A court hearing in the Netherlands on Wednesday will be crucial for chipmaker Nexperia, which was wrested away from its Chinese owners Wingtech by a decision in October.


Podcast Conversation: How Keeping Score Makes Games Fun and Life Worse

 

Your morning briefing, the business news you need in just 15 minutes. On today's podcast:
 (1) Federal Reserve Chair Jerome Powell said the US central bank had been served grand jury subpoenas from the Justice Department threatening a criminal indictment, a dramatic escalation of the Trump administration&rsquo;s attacks on the Fed.
 (2) As protesters pour into the streets of Iran night after night, leaders across the region and around the world are grappling with the possibility that the Islamic Republic could be overthrown &mdash; a seminal event that would transform global geopolitics and energy markets.
 (3) A group of European countries, led by the UK and Germany, is discussing plans for a military presence in Greenland to show US President Donald Trump that the continent is serious about Arctic security and to try to tamp down American threats to take over the self-ruling Danish territory.
&nbsp; (4) Indonesia and Malaysia restricted access to Elon Musk&rsquo;s Grok AI over the weekend, becoming the first countries to ban the artificial intelligence system over its generation of sexual content.
&nbsp; (5) UK employers cut back their hiring again in December, according to a closely watched survey that is likely to add to the Bank of England&rsquo;s concerns about a weakening jobs market.
 (6) An effort by Europe to stand up to China and retain local technology is <a href="https://www.bloomberg.com/news/articles/2026-01-12/nexperia-s-messy-wingtech-dispute-marks-breaking-point-in-chips-feud">approaching a breaking point</a>. A court hearing in the Netherlands on Wednesday will be crucial for chipmaker Nexperia, which was wrested away from its Chinese owners Wingtech by a decision in October.
 Podcast Conversation: <a href="https://www.bloomberg.com/news/articles/2026-01-09/from-dungeons-dragons-to-wine-ratings-from-dungeons-dragons-to-wine-ratings">How Keeping Score Makes Games Fun and Life Worse</a>
&nbsp;

Fed Served With Subpoenas, Iran Closer To Revolution, Europe-China Chip Feud

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/bac5b7e1-cfcb-49e2-9425-b3d00071baaf/transcript

Instant Reaction: Inflation Data

In 1 playlist(s)

Bloomberg Daybreak: Europe Edition

Social links

Follow podcast

Recent clips