DOJ Drops Powell Probe, Iran War Impact on Credit Markets

SCARLET: FROM NEW YORK CITY FOR OUR VIEWERS WORLDWIDE, I AM SCARLET FU. "BLOOMBERG REAL YIELD" STARTS RIGHT NOW. THE JUSTICE DEPARTMENT CLEARS THE WAY FOR A WARSH-LED FEDERAL RESERVE.THE U.S. AND IRAN EYE FURTHER PEACE TALKS. THE WAR KEEPING U.S. CONSUMER SENTIMENT AT A RECORD LOW. WE BEGIN WITH THE BIG ISSUE.THE FUTURE OF THE FEDERAL RESERVE. >> WE HAD A PRETTY SIGNIFICANT POP IN INFLATION. THE FED LOOK FOR AT LEAST A 2 HANDLE.WE HAVE GONE FROM 2.4% TO 3.3% WITH NO CREDIBLE END IN SIGHT TO THIS CONFLICT. T ...