Bloomberg’s Michael McKee discusses the Federal Reserve Chair, Jerome Powell, cutting rates by 50 basis-points and weighs in on Powell saying the Federal Reserve will cut another 50 basis-points by year end. Bloomberg’s Julie Fine weighs in on the political reaction coming from various key figures in the US government and states that politicians on both sides of the aisle will try to spin the Fed’s rate cut to voters. Lastly, Bloomberg’s Mike Dorning talks about the latest on Congress trying to avoid a shutdown as the deadline is less than two weeks away. Michael, Julie, and Mike speak with Kailey Leinz and Joe Mathieu on Bloomberg’s "Balance of Power."
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