Federal Reserve Bank of San Francisco President Mary Daly says it is too early to tell if the central bank is at the end of its rate-cutting cycle and explains what she is watching for on inflation expectations from consumers and producers.

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Bloomberg Television brings you the latest news and analysis leading up to the final minutes and seconds before and after the closing bell on Wall Street. Today’s guests are Bank of America Securities’ Jill Carey Hall, Brown Harris Stevens CEO Bess Freedman, Jeffries’ Brian Tanquilut, Grain CEO & Founder David Grain, Cambria Investment Management’s Mebane Faber, Hirtle & Co.’s Founder & Executive Chair Jon Hirtle, Oliver Wyman Partner Daniel Tannebaum, 55/Redefined Group’s CEO Lyndsey Simpson & KPMG Chief Economist Diane Swonk.

Chapters:
00:00:00 – Bloomberg The Close
00:03:40 – Bank of America Securities’ Jill Carey Hall
00:11:01 – Brown Harris Stevens CEO Bess Freedman
00:17:09 – Top Calls
00:18:25 – Jeffries’ Brian Tanquilut
00:24:02 – Grain CEO & Founder David Grain
00:31:55 – Norah Mulinda, Bloomberg News
00:36:48 – Cambria Investment Management’s Mebane Faber
00:43:18 – Closing Bell
00:57:00 – Hirtle & Co Founder & Executive Chair Jon Hirtle
01:05:28 – Jordan Fabian, Bloomberg News
01:08:58 – Oliver Wyman Partner Daniel Tannebaum
01:16:53 – 55/Redefined Group CEO Lyndsey Simpson
01:24:00 – KPMG Chief Economist Diane Swonk
01:29:15 – What to Watch
——–
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“Bloomberg: The China Show” is your definitive source for news and analysis on the world’s second-biggest economy. From politics and policy to tech and trends, David Ingles and Yvonne Man give global investors unique insight, delivering in-depth discussions with the newsmakers who matter.

Chapters:
00:00:01 – Bloomberg: The China Show opens
00:02:55 – Trump heads to Beijing for summit with Xi
00:09:47 – Samsung falls after labor talks collapse
00:12:58 – Hot US inflation print spooks markets
00:14:15 – OCBC Bank’s Frances Cheung on US inflation, FX outlook
00:26:49 – Morgan Stanley updates China 2026 & 2027 growth forecasts
00:30:37 – JD.com profit beats estimates
00:34:15 – Breaking: Jensen Huang joins Trump’s China trip as last-minute addition
00:37:11 – Shanghai Institues for International Studies’ Shao Yuqun on Trump-Xi summit expectations
00:49:29 – What to expect from Trump-Xi summit
00:59:14 – JPMorgan Asset Management’s Joanna Shen talks market strategy
01:11:38 – State of play in US-China trade
01:15:40 – RAND’s Fabian Villalobos on China’s rare earths advantage
01:22:46 – Earnings preview: Alibaba and Tencent set to report, with AI spending in focus
01:27:11 – China’s renewable energy push in spotlight ahead of Trump-Xi meeting
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Bloomberg Daybreak Europe is your essential morning viewing to stay ahead. Live from London, we set the agenda for your day, catching you up with overnight markets news from the US and Asia. And we’ll tell you what matters for investors in Europe, giving you insight before trading begins.

On today’s show, Nvidia co-founder Jensen Huang joined US President Donald Trump on his visit to China as a last-minute addition, thrusting AI and technology into the spotlight before a high-stakes summit in Beijing. Trump also said his focus with President Xi will be trade, not the Iran War.

In a Bloomberg Scoop, Anthropic is in early talks with investors to raise at least $30 billion in fresh financing, according to people familiar with the matter, setting the stage for what could be its largest funding round yet.

And Britain braces for another day of political drama. Keir Starmer is due to confront one of his main rivals at a behind-closed-doors meeting on Wednesday morning, before King Charles III will unveil the government’s agenda for the year ahead, as Starmer fights for his future in Downing Street.

Today’s guest: Tim Bale, Professor of Politics, Queen Mary University of London & Siemens CEO, Roland Busch.

Chapters:
00:00:00 – Daybreak Europe – 5/13/2026
00:03:19 – Asian Markets Check
00:05:19 – Huang Joins Trump’s China Trip
00:09:44 – US Inflation Rises to Highest since 2023
00:12:48 – Starmer Resignation Calls
00:19:30 – Exclusive: Jamie Dimon
00:22:53 – Kharg Island / US Tariff Ruling / Warsh Confirmed
00:26:07 – Front Page News
00:27:23 – Starmer Clings On
00:30:33 – UK’s Long End Pressured
00:36:57 – Siemens CEO Roland Busch
00:41:13 – Anthropic Funding Round
00:44:22 – Chart Talk
——–
More on Bloomberg Television and Markets

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A tanker carrying liquefied natural gas from Qatar appears to have transited the Strait of Hormuz, marking the country’s first export …

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