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Bloomberg Surveillance

Instant Reaction: The Fed Decides

Bloomberg Surveillance

Bloomberg

News, Investing, Business News, Business

41.1K Ratings

🗓️ 26 July 2023

⏱️ 32 minutes

🧾️ Download transcript

Summary

Bloomberg's Tom Keene, Jon Ferro and Lisa Abramowicz break down the Federal Reserve's latest policy decision on a special edition of Bloomberg Surveillance.

See omnystudio.com/listener for privacy information.

Transcript

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0:00.0

Bonds are back.

0:03.6

And so is all the credit.

0:05.2

PGM Fixed Incomes Monthly Podcast Series.

0:07.9

From the latest trends to long-term perspectives, you'll get timely fixed income insights from

0:12.1

leading economists, research analysts, and investment professionals.

0:16.2

Whether you're new to bonds, or a seasoned investor, tune in to all the credit wherever

0:20.0

you get your podcasts.

0:21.6

This podcast is intended solely for professional investor use.

0:24.3

The performance is not a guarantee of future results.

0:30.3

I'm Akshatrati, and this summer on my podcast zero, I'm doing a series about climate storytelling.

0:36.6

How we talk about climate change and what it means for how we confront it.

0:41.2

This week, I'm interviewing journalist Amy Westowelt about reporting on the history of climate

0:46.1

denialism.

0:47.1

I'm a big believer in the idea that you can't effectively solve a problem if you don't

0:52.4

really know where it came from.

0:54.4

Listen to zero on the iHeart Radio app, or wherever you get your podcasts.

1:04.4

This is Bloomberg Surveillance with Tom Keane, Jonathan Farrow, and Lisa Abramowitz on Bloomberg Radio.

1:12.4

They raise rates.

1:13.4

That's about it.

1:14.4

Federal funds now at a range of five and a quarter to five and a half percent.

1:17.4

That is the highest in 22 years.

1:20.4

In their statement, Fed officials drop the phrase about pausing to assess the state of the economy.

...

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