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    Home » Bessent Urges Fed to Lower Rates by 150 Basis Points or More | Open Interest 8/13/2025

    Bessent Urges Fed to Lower Rates by 150 Basis Points or More | Open Interest 8/13/2025

    webmasterBy webmasterAugust 13, 2025 News 2 Mins Read
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    Get 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.

    Chapters:
    00:00:00 – Open Interest Starts
    00:01:40 – Bessent Urges Fed to Cut Rates
    00:13:42 – HIGH INTEREST
    00:14:58 – Cava Plunges After Cutting Sales Outlook
    00:19:12 – Market Becoming More Certain, Levine | Alicia Levine, BNY Wealth Head of Investment Strategy and Equities
    00:31:57 – TOP CALLS
    00:32:37 – Potbelly Sees Strong Growth | Bob Wright, Potbelly CEO
    00:44:58 – Finding a New Neutral Fed Rate, Santos | Gabriela Santos, JPMorgan Asset Management Chief Market Strategist for the Americas
    00:54:06 – HIGH INTEREST
    00:55:14 – Blue Apron’s New A-La-Carte Meal Kits | Whitney Pedgen, Blue Apron SVP & GM
    01:05:51 – Using AI for Public Safety | Josh Isner, Axon Enterprise President
    01:17:52 – Bullard Under Consideration for Fed Chair | James Bullard, Dean of the Mitch Daniels School of Business at Purdue University
    ——–
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