Instant Reaction: Jay Powell on the Fed Decision

Instant Reaction: Jay Powell on the Fed Decision

Bloomberg's Tom Keene, Jonathan Ferro and Lisa Abramowicz discuss remarks from Fed Chair Jay Powell following the Federal Reserve's latest policy decision on a special edition of Bloomberg Surveillance.
Federal Reserve officials held their benchmark interest rate steady for a second straight meeting, caught between mounting concerns that the economy is slowing and inflation could remain stubbornly high.
Chair Jerome Powell acknowledged the high degree of uncertainty from President Donald Trump’s significant policy changes, but repeated the central bank is not in a hurry to adjust borrowing costs. He said officials can wait for greater clarity on the impact of those policies on the economy before acting.

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Episoder(1629)

US to Probe Cuba Speedboat Shooting; Third Round of Iran Nuclear Talks Begin

US to Probe Cuba Speedboat Shooting; Third Round of Iran Nuclear Talks Begin

Today's top stories, with context, in just 15 minutes.On today's podcast:1) Cuba says a boat with 10 people near its coast early Wednesday was carrying weapons, and its occupants — Cubans living in th...

26 Feb 15min

Trump Defends Economy & Tariffs in State of the Union

Trump Defends Economy & Tariffs in State of the Union

Today's top stories, with context, in just 15 minutes.On today's podcast:1) Addressing one of his biggest audiences at perhaps the lowest moment of his second term, President Trump returned again and ...

25 Feb 21min

Instant Reaction: Trump Touts 'Turnaround' in State of the Union

Instant Reaction: Trump Touts 'Turnaround' in State of the Union

President Donald Trump delivered the longest State of the Union address of the television age Tuesday, declaring “a turnaround for the ages” as he tried to sell Americans on his economic program ahead...

25 Feb 19min

Record Blizzard Cleanup; Trump’s 10% Levy Takes Effect

Record Blizzard Cleanup; Trump’s 10% Levy Takes Effect

Today's top stories, with context, in just 15 minutes.On today's podcast:1) A powerful winter storm started to taper off across the Northeast Monday evening after smashing records and dropping more th...

24 Feb 21min

Winter Storm Pummels East Coast; Tariff Defeat Tests Trade Deals

Winter Storm Pummels East Coast; Tariff Defeat Tests Trade Deals

Today's top stories, with context, in just 15 minutes.On today's podcast:1) A powerful winter storm has isolated New York City and hobbled transport networks, threatening to be among its worst on reco...

23 Feb 21min

Daybreak Weekend: Nvidia Earnings, UK Special Election, Modi Israel Visit

Daybreak Weekend: Nvidia Earnings, UK Special Election, Modi Israel Visit

Bloomberg Daybreak Weekend with Host Nathan Hager take a look at some of the stories we'll be tracking in the coming week. In the US – a look ahead to earnings from chipmaker Nvidia along with a focu...

20 Feb 38min

Instant Reaction: Trump's Global Tariffs Struck Down By Supreme Court

Instant Reaction: Trump's Global Tariffs Struck Down By Supreme Court

The US Supreme Court struck down President Donald Trump’s sweeping global tariffs, undercutting his signature economic policy and delivering his biggest legal defeat since he returned to the White Hou...

20 Feb 29min

Trump Pushes Iran on Deal; Former Prince Andrew Released After Arrest

Trump Pushes Iran on Deal; Former Prince Andrew Released After Arrest

Today's top stories, with context, in just 15 minutes.On today's podcast:1) The US military is stationing a vast array of forces in the Middle East, including two aircraft carriers, fighter jets and r...

20 Feb 14min

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