This chapter explores the Federal Reserve's recent decision to reduce interest rates by 50 basis points and the varied reactions from equity markets. It delves into the implications of this policy shift on market indicators and investor sentiment, emphasizing the evolving economic strategies discussed by the chairman.
Bloomberg's Tom Keene, Jonathan Ferro and Lisa Abramowicz discuss remarks from Fed Chair Jay Powell following the Federal Reserve's decision to cut rates 50-basis-points on a special edition of Bloomberg Surveillance
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