Powell’s plan, Iran war cost, Voting Rights Act and cheap Chinese EVs
Federal Reserve Chair Jerome Powell’s last act: holding rates and a pledge to stick around as a governor. The Pentagon puts a $25 billion price tag on the Iran war so far. The U.S. Supreme Court guts a key provision of the Voting Rights Act, in a move that could reshape voting across the South. And for the average price of a car in the U.S., you could buy five brand new Chinese EVs. Listen to the Morning Bid podcast here. Sign up for the Reuters Econ World newsletter here. Listen to the Reuters Econ World podcast here. Visit the Thomson Reuters Privacy Statement for information on…
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