Yet been released. The question is when will they come home, and what are we giving iran in return. Joining me now, National Security counsel coordinator for strategic communications, john kirby. Admiral, thank you very much for being with us. I know that we believe, the United States believes those imprisonments and trials and charges were not true. And were happy to have these individuals back. When will they be on a plane back and out of iran . I dont really know right now. Were still working out the details and parameters here about eventually securing their freedom, and when that will be, what that will look like. But we dont really know right now. Were just really happy that theyre out of evan prison because the conditions there were just intolerable. Theyre in house arrest, but still in iran. Theyre not home yet, and we still have a lot of work to do to get them there. Have we been in touch with them directly . Do we know what condition theyre . We have been in touch with them t
For our audience worldwide, this is bloomberg surveillance on tv and radio. Your equity market on the s p 500 slightly positive. 3 . Cpi thursday, ppi friday. Tom inflation is the key dynamic. It was an odd weekend. It is in the zeitgeist, bloomberg reports bond prices up in china and yields down. In the inflation reports, is this tinge of deflation to come in asset prices worldwide . The theme of the weekend was deflation, beginning of deflationary worries into that key inflation report. Jonathan quite a ride in the bond market last week. Taking back a move from friday session. Lots of fed speak out there in the mix. Over the weekend, maybe another Interest Rate hike in the Federal Reserve. Tom it is going to go by the data. Job support, what do you think . Cut that way, cut that way job report . Jonathan still wages are hot. I think the narrative sticks, Jeff Rosenberg at blackrock talked about it that ultimately where payrolls growth goes, we will eventually follow. The fed says, we
fed officials like mickey bowman saying she sees the case for more interest rate hikes. the next meeting in september, whether they raise interest rates, because it s wall street, bets showing traders expect the fed to hold pat on interest rates. that s not cutting interest rates. so mortgage rates, credit card rates, all the like are going to remain quite expensive. brian cheung, thank you very much. and reuters jeff mason, who we are so lucky to have in person today. let s talk about the economic numbers and long game for bidenomics as they call it, he s touring the west, trying to say here s what the ira, the inflation reduction act is doing. here s how it s helping people trying to run on economics. it s not translating into higher poll numbers. what is the long game? i think the long game is making sure people know what they see, what the administration sees as the