About this episode
Asian stocks follow Wall Street into the red after U.S. Federal Reserve chairman Jerome Powell plays down expectations of an interest rate cut , saying monetary policy should not overreact to any individual data point or short-term swing in sentiment. Gold also climbs down from a six-year high. President Trump threatens Iran with "obliteration" after Tehran's president questions the mental competence of the U.S. leader. We are live in Manama, Bahrain, where President Trump’s son-in-law Jared Kushner is holding a Middle East peace workshop. And U.S. chipmakers appear to side-step Washington's ban on Huawei, as the administration reportedly aims to restart trade negotiations with China after Presidents Trump and Xi meet at the G20. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info .