Jon Ferro, Lisa Abramowicz and Tom Keene host a special edition of "Bloomberg Surveillance" covering Federal Reserve chair Jerome Powell’s remarks. Fed policymakers cut their benchmark rate by 50 basis points, double the reduction predicted by most economists, although investors had put close odds on whether officials would go by 25 or 50. Powell said nobody should assume that “this is the new pace” for reductions going forward.
Chapters:
00:00:00 – Bloomberg Surveillance: The Fed Decides
00:12:28 – Charles Schwab’s Kathy Jones and BOFA’s Aditya Bhave
00:31:55 – Bob Michele, JPMorgan Asset Management
00:37:53 – Diane Swonk, KPMG
00:56:22 – Jerome Powell, Federal Reserve
01:50:47 – Bill Dudley, Former New York Fed President
02:01:50 – Jeff Rosenberg, BlackRock
——–
More on Bloomberg Television and Markets
Like this video? Subscribe and turn on notifications so you don’t miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9
Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more.
Connect with Bloomberg Television on:
X: https://twitter.com/BloombergTV
Facebook: https://www.facebook.com/BloombergTelevision
Instagram: https://www.instagram.com/bloombergtv/
Connect with Bloomberg Business on:
X: https://twitter.com/business
Facebook: https://www.facebook.com/bloombergbusiness
Instagram: https://www.instagram.com/bloombergbusiness/
TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en
Reddit: https://www.reddit.com/r/bloomberg/
LinkedIn: https://www.linkedin.com/company/bloomberg-news/
More from Bloomberg:
Bloomberg Radio: https://twitter.com/BloombergRadio
Bloomberg Surveillance: https://twitter.com/bsurveillance
Bloomberg Politics: https://twitter.com/bpolitics
Bloomberg Originals: https://twitter.com/bbgoriginals
Watch more on YouTube:
Bloomberg Technology: https://www.youtube.com/@BloombergTechnology
Bloomberg Originals: https://www.youtube.com/@business
Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake
Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol
Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts
Author: Bloomberg Television
Go to Source
News post in September 19, 2024, 12:05 am.
Visit Our Sponsor’s:
News Post In – News
