This chapter explores the Federal Reserve's landmark decision to lower interest rates by 50 basis points, analyzing its effects on market stability and investor confidence. The discussion also delves into concerns regarding inflation and labor market dynamics, emphasizing the importance of dissent within the FOMC as they navigate this new monetary policy landscape.
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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