Soft Inflation Boosts Case for Fed Cuts | Balance of Power 10/24/2025

On the early edition of Balance of Power, Bloomberg Washington Correspondents Joe Mathieu and Tyler Kendall discuss the ongoing US government shutdown. On today's show, Republican Congressman Mark Alford, Stonecourt Capital Partner Rick Davis, Harvard Kennedy School's Ash Center Visiting Democracy Fellow Jeanne Sheehan Zaino and former Deputy Director of the White House Council of Economic Advisers Heather Boushey. Chapters: 00:00:00 - Balance of Power: Early Edition Starts 00:05:01 - Michael McKee on US CPI Rising Less Than Expected Keeping Fed on Track to Cut 00:08:32 - Rep. Mark Alford (R-MO) Discusses Fed’s Next Steps with Dearth of Financial Data, Farmers Feeling Effects of China Soybean War 00:21:28 - Bloomberg Political Panel on US Striking Another Alleged Drug Vessel in Caribbean, Hakeem Jeffries Reportedly Endorsing Mamdani 00:32:17 - Fmr. WH Council of Economic Advisers Deputy Dir. Heather Boushey Talks Soft CPI Data, Fed Rate Cuts Expected 00:40:15 - Patrick Gillespie on What’s at Stake For Argentina’s Milei as Approval Rating Hits New Low -------- Watch Bloomberg Radio LIVE on YouTube Weekdays 7am-6pm ET WATCH HERE: http://bit.ly/3vTiACF Follow us on X:   / bloombergradio   Subscribe to our Podcasts: Bloomberg Daybreak: http://bit.ly/3DWYoAN Bloomberg Surveillance: http://bit.ly/3OPtReI Bloomberg Intelligence: http://bit.ly/3YrBfOi Balance of Power: http://bit.ly/3OO8eLC Bloomberg Businessweek: http://bit.ly/3IPl60i Listen on Apple CarPlay and Android Auto with the Bloomberg Business app: Apple CarPlay: https://apple.co/486mghI Android Auto: https://bit.ly/49benZy Visit our YouTube channels: Bloomberg Podcasts:    / bloombergpodcasts   Bloomberg Television:    / @markets   Bloomberg Originals:    / bloomberg   Quicktake:    / @bloombergquicktake