Bloomberg News Now September 14, 2025: Trump Expects Big Rate Cut, NY Gov. Hochul Backs Mamdani, More
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Sep 15, 2025 Discover the latest trends in the futures market, particularly with S&P 500 and NASDAQ 100 trading opportunities. Explore how political endorsements shape economic decisions and the Federal Reserve's actions. Delve into the concerning links between political rhetoric and societal violence, spurred by recent events. Hear about new CDC vaccine research funding and political responses to pressing security issues, alongside insights into small business advertising strategies.
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Fed Rate Cut Expectations Rise
- Markets expect a Fed rate cut and debate centers on 25 vs 50 basis points.
- Trump publicly pressures for big cuts and signals potential replacements for Powell.
Trump Names Fed Chair Favorites
- President Trump told reporters he expects a big cut and named three preferred Fed chair candidates.
- He blamed the Fed for high housing costs and emphasized other falling prices.
Hochul Backs Mamdani
- New York Governor Kathy Hochul endorsed Zoran Mamdani for NYC mayor, marking a high-profile Democratic endorsement.
- Hochul cited shared goals on affordability and safety despite policy differences.