About this episode

The episode discusses Jerome Powell's actions at the Federal Reserve, the cost of the Iran war, changes to the Voting Rights Act, and the affordability of Chinese electric vehicles.

Federal Reserve Chair Jerome Powell’s last act: holding rates and a pledge to stick around as a governor. The Pentagon puts a $25 billion price tag on the Iran war so far. The U.S. Supreme Court guts a key provision of the Voting Rights Act, in a move that could reshape voting across the South. And for the average price of a car in the U.S., you could buy five brand new Chinese EVs. Listen to the Morning Bid podcast ⁠⁠here⁠⁠. Sign up for the Reuters Econ World newsletter ⁠⁠here⁠⁠. Listen to the Reuters Econ World podcast ⁠⁠here⁠⁠. Visit the Thomson Reuters Privacy Statement for information on our privacy and data protection practices. You may also visit megaphone.fm/adchoices to opt out of targeted advertising. Learn more about your ad choices. Visit megaphone.fm/adchoices

People in this episode

Host: Reuters

Topics covered

• Federal Reserve
• Iran war
• Voting Rights Act
• Chinese electric vehicles
• U.S. economy

Keywords

• Jerome Powell
• Iran war cost
• Voting Rights Act
• Chinese EVs
• U.S. economy

Mentioned in this episode

Organizations: Federal Reserve, Pentagon, U.S. Supreme Court, Reuters

Products: Chinese EVs

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