This chapter examines the recent monetary policy decisions of the Federal Reserve, focusing on interest rate trends and market reactions. It explores the impact of the Fed's communications on bond yields and discusses key economic indicators influencing future policy. Additionally, the conversation highlights the market's perception amidst geopolitical tensions and the strategic shifts of investors towards shorter-term bonds.
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Bloomberg News Contributor Jon Erlichman and Bloomberg News Social Media Reporter Aisha Counts break down Meta reporting better-than-expected sales for the second quarter, offering evidence that the company’s heavy investments in artificial intelligence are helping it sell more targeted and personalized advertisements. Nate Thooft, CIO at Manulife Investment Management and Bloomberg News Rates Reporter Michael Mackenzie discuss the impact of the Fed decision on the markets and the economy. Frank Sorrentino, CEO at ConnectOne Bank, explains what Fed policy means for banks and small businesses.
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