Instant Reaction: The Fed Decides

Bloomberg's analysts Tom Keene, Jonathan Ferro, and Lisa Abramowicz dissect the Federal Reserve's recent decisions on interest rates, inflation targets, and the balance sheet taper. They discuss the Fed's challenges in achieving the 2% inflation goal, Chair Powell's messaging strategy, potential rate hikes, and the economic impact of the pandemic. The podcast explores uncertainties surrounding the Job's Day report, market reactions to the Fed's policies, and debates on GDP growth rates and monetary policies.