特朗普支持Warsh，批评美联储加息

News when you want it with Bloomberg News now. I'm Nathan Hager and I'm Karen Moscow. Karen, President Trump is criticizing the fed for deciding to raise interest rates to a range of three and three quarters to 4%. It was a unanimous quarter point hike, the first Fed's increase in borrowing costs in more than three years. The president spoke to reporters about Chair Kevin Warsh and the decision. I'm relying on Kevin, but he's got, you know, very tough board.

He's got a board that was put there by a lot of other people. And the, uh, interest rates are too high. They're not appropriate, and I don't I talked to Kevin and I said, you might as well vote with the book because it's not going to matter. President Trump went on to say rates should be at 1% or lower. Kevin Warsh Nathan, President Trump's pick to lead the fed, was sworn in less than four months ago. He defied many skeptics with the rate hike.

So the labor side of the Fed's congressional remit is in good shape. Yet for more than five years, inflation has been running above target. So our predominant focus is on the price stability side of our mandate. The plain fact is that inflation is too high and has been for too long. Traders quickly priced in additional rate increases from warsh and is called Asian push down their expectations for inflation in coming years.

We got this reaction from former fed regional presidents James Bullard and Patrick Harker. I think this is a pretty good outcome for the fed. Um, you know, they got their interest rate increase and which I think was appropriate. Yeah. Three more sounds a little high compared to what the committee seemed to be saying. They probably want to see more data before they, uh, commit to that. And former fed regional presidents James Bullard and Patrick Harker are reacting to the Fed's rate hikes.

Traders are pricing in more than a 50% chance of a hike at the central bank's next meeting in late October. And later this morning, can we get a monetary policy decision from the Bank of England? Economists are forecasting the BOE to hold interest rates at 3.75%. That's where they've been since December of last year. Officials expect this to set the stage for a hike in November. Let's stand. You're up here. Nathan King Charles is preparing to host the world's leading tech executives at a royal event in Scotland.

And I. It's going to be the big topic. Tom Mackenzie is covering the meeting in Glasgow. This is quite telling, isn't it? That it falls to King Charles to try to cajole and browbeat these AI executives into committing. They will build this technology in a way, the king says that benefits all people. He is also pointing out he wants to see this AI technology to ensure that it is not just ecologically sustainable. But interestingly, I thought as well, economically, it seems that this is a king, this is a monarch, this is a palace that wants to use its leverage to bring these executives together, to see if there is some kind of consensus that can be formed.

And Bloomberg's Tom Mackenzie in Glasgow, says Nvidia CEO Jensen Wong, open AIS chief financial officer Sarah Fryer and Google DeepMind co-founder Demis Hassabis are attending the event here in the U.S. carried OpenAI CEO Sam Altman will be on the guest list when President Trump hosts China's XI Jinping for a white House state dinner next week, OpenAI confirmed that to Bloomberg News. And a source says former Apple CEO Tim Cook will be there as well, along with Nvidia's Jensen Wong.

The gathering comes as lawmakers debate whether and how to add guardrails to artificial intelligence. Republican Congressman Mike Lawler of New York says there needs to be a whole of government approach to regulate AI. We want to have standards across the board that all of these AI companies are abiding by, to make sure that you don't have a situation of hacking or cyber attacks. Uh, and also so that we are prepared in dealing with China, because China is not going to abide by the rules of the road.

New York Republican Mike Lawler appeared on Bloomberg's balance of power. President Trump has blasted existential fears about AI as a hoax. He said the U.S. needs to maintain its technological edge over China. At the same time, he says he has a great relationship with President XI. Now to the latest from the Middle East. Nathan crude oil. It's falling as Saudi Arabia races to get a key pipeline back online after recent attacks.

Sources say the East-West pipeline could be back to about half capacity within days, and full operation is expected in six weeks. Bloomberg Middle East News director Bill Kennedy has more. People had been very worried that this crucial pipeline, which has been a really important benefit during the Khomeini's crisis because it allowed Saudi Arabia to shift oil exports from the Persian Gulf to the Red sea, would be out of action for several weeks if they can get a line and half of it on line, that would be several million barrels a day, much quicker.

That will be some sales to the market, although it doesn't solve the whole problem. And as Bloomberg's Will Kennedy Axios is reporting, President Trump plans to meet with Persian Gulf leaders next Tuesday on the sidelines of the U.N. General Assembly in New York to discuss the next steps in the Iran war. Checking oil prices right now. Brent, it is down 1.3% at $104.44 a barrel, West Texas Intermediate at $101.43, and prices at the pump are rising.

Triple H latest average for regular unleaded is up to 444 a gallon. That's more than $0.07 higher than yesterday. And diesel, it's hit a new record almost 640 a gallon. And that's news when you wanted with Bloomberg News. Now I'm Karen Moscow, I'm Nathan Hager and this is Bloomberg.