US and Russia Plan Ukraine Truce | Balance of Power: Early Edition 8/8/2025

00:00 Live from Washington, D.C.. Is balance of power with the Joe Matthew. Lower interest rates may require more than a new Fed chair. Welcome to the Friday edition of Balance of Power, as we focus on persistent questions surrounding President Trump’s tariff program now that the regime is in place will be joined this hour by Bloomberg’s Tom Auralic, one of the forces behind the new book, The Price of Money. Well, check new research on the tariff impacts with our trading partners with Ernie Tedeschi at the Yale Budget Lab. And as President Trump threatens to federalize the…