Pressure Rises for Fed Rate Cut

Bloomberg’s Estelle Ou discusses whether the Federal Reserve will cut interest rates by 25 basis points or 50 at the next meeting given the July jobs report was softer than expected. Bloomberg’s Jordan Fabian shares his insight on the Harris Campaign announcing they’ve received $310 million in fundraising, stating it’s a reflection of the moment the Vice President is having, and Vice President Harris securing the Democratic nomination for President in a virtual roll call. Both Estelle and Jordan speak with Kailey Leinz and Joe Mathieu on Bloomberg’s "Balance of Power."
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