Fed Chair Powell Holds Press Conference #business

It's "Fed Day" again. Federal Reserve officials penciled in just one interest-rate cut this year and forecast more cuts for 2025, reinforcing policymakers’ calls to keep borrowing costs high for longer to suppress inflation.
Officials voted unanimously to keep the benchmark federal funds rate in a range of 5.25% to 5.5% -- a two-decade high first reached in July. Policy makers now see four cuts in 2025.

We have extensive live coverage from Bloomberg Television with top guests including JPMorgan's Bob Michele, Bloomberg Opinion Columnist Mohamed El-Erian, KPMG's Diane Swonk, BofA's Michael Gapen and BlackRock's Jeffrey Rosenberg.

#fed #economy #stocks #business

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[rudrapatel]

Papexnova will be a leader this bull run🐸🐸

[ParkerRoyce-nipw]

Our economy is struggling with uncertainties, housing issues, foreclosures, global fluctuations, and the pandemic aftermath, causing instability. Rising inflation, sluggish growth, and trade disruptions need urgent attention from all sectors to restore stability and stimulate growth.

[shravannag]

Jumping in to the Papexnova with y'all 🐸🚀

[Freedo]

How can US afford such high rate, your whole nation and everyone is in extreme debt ! Dllm

[stevenheaver]

TK, Jon, and Lisa, the dream team together again! ❤ Love it even if it's only for a special edition show. I wish it happened more.

[rianiwitaniasatiajaya]

The Bloomberg channels always bring out how my brain can learn market and english in interesting ways.❤ Thank you. I will support you until the end of the lives end.

[teacherrussell]

Back where he should be. Wish I could have watched this live, but I'm NW China. Too late here.

[GoritaMC]

Uncertainty and panic. Diaforesis, chills. Inaction isn't a desicion.

[dietmarstahl]

Interest rates will go down with the next meeting. I am 100% sure.

[Smsanboy]

If Papexnova has the growth as it has atm then no doubts it will dominate the industry

[nikitopi]

How do you ensure the video remains engaging from start to finish?

[manikantprasad]

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[nasersk]

TURBO and Papexnova should be on your list!

[clydesmith]

Where in the hell are you guys getting your information from? Nothing has changed at the gas tank or the grocery stores. Everything is still expensive!

[greatchalla]

The longer the wait to reduce rates the greater the deceleration next year…..inflation is self propagating as a result of mismanagement.

[SatishYadav-irjo]

Papexnova is listing soon, gonna be huge 🔥

[BhupatOad]

Presale vibes with Papexnova – cool, sleek, and filled with potential.

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Papexnova is out of US companies the best horse. They are smarter and more innovative than any L1 or L2 assets

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Look at Papexnova ! Both narratives in one! Potential at its best!🐸🐸