Instant Reaction: The Fed Decides

Tom Keene, a seasoned Bloomberg journalist, leads a discussion featuring Rich Clarida, former Federal Reserve Vice Chair; Bob Michael, a bond market expert; Diane Swank of KPMG; and Deutsche Bank's Matt Lozetti. They delve into the Fed's recent interest rate cut and its implications for the labor market. The group examines inflation trends and the influence of tariffs on economic perceptions. They also explore the challenges facing the bond market amid rising yields and the broader impacts on global economies as fiscal policies evolve.