Bloomberg Surveillance30 Juli 2025

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 interest rates are in the right place to manage continued uncertainty around tariffs and inflation, tempering expectations for a rate cut in September.
“There are many, many uncertainties left to resolve,” Powell told reporters Wednesday following the central bank’s decision to once again keep rates unchanged. “It doesn’t feel like we are very close to the end of that process.”

The Federal Open Market Committee voted 9-2 to hold its benchmark federal funds rate in a range of 4.25%-4.5%, as they have at each of their meetings this year. Governors Christopher Waller and Michelle Bowman voted against the decision in favor of a quarter-point cut.

Traders pared back their expectations for rate cuts as Powell spoke. Interest-rate futures indicated roughly even odds on a reduction at the next meeting in September, down from about 60% earlier in the day. Treasuries extended losses, the dollar surged to the highest since May and the S&P 500 fell.

In their post-meeting statement, officials downgraded their view of the US economy, saying “recent indicators suggest that growth of economic activity moderated in the first half of the year.” The Fed had previously characterized growth as expanding “at a solid pace.”

See omnystudio.com/listener for privacy information.

Det här avsnittet är hämtat från ett öppet RSS-flöde och publiceras inte av Podme. Det kan innehålla reklam.

Avsnitt(4692)

Bloomberg Surveillance TV: September 11th, 2026

Featuring: David Kelly, Chief Global Strategist at JPMorgan Asset Management Tiffany Wilding, Economist at PIMCO Monica Guerra, Head of US Policy at Morgan Stanley Wealth Management See omnystudio.c...

11 Sep 23min

CPI and National Security since 9/11

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, September 11th, 2...

11 Sep 30min

Bloomberg Surveillance TV: September 10th, 2026

Featuring: Mike Reid, Senior US Economist at RBC Capital Markets Libby Cantrill, Managing Director & Head of Public Policy at PIMCO Gene Munster, Managing Partner at Deepwater Asset Management See ...

10 Sep 19min

PPI and Market and Geopolitical Risks

10 Sep 35min

Bloomberg Surveillance TV: September 9th, 2026

Featuring: Mike Wilson, Chief US Equity Strategist & Chief Investment Officer at Morgan Stanley Bruce Van Saun, CEO of Citizens Financial Group Mike Feroli, Chief US Economist at JPMorgan See omny...

9 Sep 19min

Rate and Market Uncertainty

9 Sep 38min

Bloomberg Surveillance TV: September 8th, 2026

Featuring: Barbara Reinhard, CIO: Multi Asset Strategies & Solutions at Voya Investment Management Gil Luria, Head of Technology Research at DA Davidson Stephen Stanley, Chief Economist at Santander ...

8 Sep 18min