‘Bloomberg The Open’ Full Show (05/13/2022)

Jonathan Ferro highlights the market-moving news you need to know heading into the opening bell on Wall Street. Stocks surging at the end of a chaotic week with a little help from Fed Chair Jay Powell’s reassurance that bigger rate hikes would be off the table for now. Bloomberg Opinion’s Mohamed El-Erian joins for the hour to discuss the future of Fed policy, the outlook for markets and whether the U.S. is nearing peak inflation.