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Trump Advisor on Inflation Amid Iran Conflict

Bloomberg Markets •
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Steve Moore, former Trump economic advisor and Unleash Prosperity co-founder, joined Bloomberg Businessweek Daily to discuss inflation expectations amid ongoing US military actions in Iran. Moore weighed on how the regional conflict is complicating forecasts for monetary policy and market sentiment.

Minneapolis Fed President Neel Kashkari told Moore it remains unclear how long the Iran conflict will persist, making premature any forecasts about inflation or interest rate paths. Moore also analyzed President Trump's economic strategy, focusing on its potential market impacts and policy direction.

The discussion included Wednesday's ISM manufacturing and jobs data, with Moore connecting these economic indicators to broader market implications. He emphasized the uncertainty facing investors as geopolitical tensions and economic data create mixed signals for future policy decisions.