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 Chair Jerome Powell said officials are not in a hurry to adjust interest rates, adding tariffs could lead to higher inflation and unemployment. “If the large increases in tariffs that have been announced or sustained, they’re likely to generate a rise in inflation, a slowdown in economic growth and an increase in unemployment,” Powell said Wednesday at the conclusion of a two-day meeting in Washington. “The effects on inflation could be short lived, reflecting a one time shift in the price level,” he said. But it’s “also possible that the inflationary effects could instead be more persistent.”

Officials voted unanimously to keep the benchmark federal funds rate in a range of 4.25% to 4.5%, where it has been since December. In a statement, policymakers said they see a growing risk of both higher inflation and rising unemployment. “Uncertainty about the economic outlook has increased further,” the Federal Open Market Committee said in a statement. They added, “the risks of higher unemployment and higher inflation have risen.”

The S&P 500 index of US stocks and Treasury yields fell following the announcement, while the dollar pared gains.

See omnystudio.com/listener for privacy information.

Episoder(4316)

June Back in Play for First 2026 Fed Cut After CPI

June Back in Play for First 2026 Fed Cut After CPI

The latest in finance, economics and investment.Watch Tom and Paul LIVE every day on YouTube: http://bit.ly/3vTiACF.Bloomberg Surveillance hosted by Tom Keene & Paul SweeneyFriday, February 13th, 2026...

13 Feb 48min

Single Best Idea with Tom Keene: Peter Navarro

Single Best Idea with Tom Keene: Peter Navarro

Tom Keene breaks down the Single Best Idea from the latest edition of Bloomberg Surveillance Radio. In this episode, we feature our conversation with Peter Navarro, Senior White House Counselor for T...

12 Feb 2min

Bloomberg Surveillance TV: February 12th, 2026

Bloomberg Surveillance TV: February 12th, 2026

Featuring: French Hill, Republican Congressman from Arkansas Sharon Bell, Senior European Equity Strategist for Goldman Sachs Steven Ricchiuto, Managing Director & Chief Economist for Mizuho Securiti...

12 Feb 19min

Futures Rise as Traders Watch Earnings & Eco Data

Futures Rise as Traders Watch Earnings & Eco Data

The latest in finance, economics and investment.Watch Tom and Paul LIVE every day on YouTube: http://bit.ly/3vTiACF.Bloomberg Surveillance hosted by Tom Keene & Paul SweeneyThursday, February 12th, 20...

12 Feb 38min

Single Best Idea with Tom Keene: Claudia Sahm & Jurrien Timmer

Single Best Idea with Tom Keene: Claudia Sahm & Jurrien Timmer

Tom Keene breaks down the Single Best Idea from the latest edition of Bloomberg Surveillance Radio. In this episode, we feature conversations with New Century Advisors’ Claudia Sahm & Jurrien Timmer ...

11 Feb 4min

Bloomberg Surveillance TV: February 11th, 2026

Bloomberg Surveillance TV: February 11th, 2026

Featuring: Scott Lincicome, Vice President of General Economics and Stiefel Trade Policy Center at the CATO Institute Michael Gapen, Managing Director and Chief US Economist for Morgan Stanley Doug B...

11 Feb 22min

Better-Than-Expected Job Data Resets Fed Bets

Better-Than-Expected Job Data Resets Fed Bets

The latest in finance, economics and investment.Watch Tom and Paul LIVE every day on YouTube: http://bit.ly/3vTiACF.Bloomberg Surveillance hosted by Tom Keene & Paul SweeneyWednesday, February 11th, 2...

11 Feb 43min

Single Best Idea with Tom Keene: David Bailin & Ian Bremmer

Single Best Idea with Tom Keene: David Bailin & Ian Bremmer

Tom Keene breaks down the Single Best Idea from the latest edition of Bloomberg Surveillance Radio. In this episode, we feature our conversations with CIO Group’s David Bailin & Ian Bremmer of Eurasi...

10 Feb 3min

Populært innen Business og økonomi

stopp-verden
lydartikler-fra-aftenposten
dine-penger-pengeradet
e24-podden
rss-penger-polser-og-politikk
rss-borsmorgen-okonominyhetene
pengesnakk
pengepodden-2
utbytte
finansredaksjonen
livet-pa-veien-med-jan-erik-larssen
tid-er-penger-en-podcast-med-peter-warren
rss-sunn-okonomi
morgenkaffen-med-finansavisen
lederpodden
okonomiamatorene
rss-markedspuls-2
rss-andelige-tanker-med-camillo
rss-fa-makro
rss-investering-gjort-enkelt