Hi, I'm Lisa Mateo, introducing you to the new Stockmovers report from Bloomberg.

These are short audio reports, five minutes or less, delivered right to your podcast feed throughout the day.

Stockmovers fills you in on the day's winners and losers on Wall Street and tells you about the news and data that's

driving those gains and losses. If you want to stay plugged into the stock market, but don't

want to spend all day watching tickers scroll across your screen, then Stock Movers is a place for you

to get informed. Listen a couple times throughout the day to find out what's moving equities and why.

Search for stock movers on Apple Podcasts, Spotify, or anywhere else you listen.

Get the latest stock news and data backed by reporting from Bloomberg's 3,000 journalists and analysts across the globe.

Subscribe to Stockmovers, wherever you get your podcasts.

Bloomberg Audio Studios.

Podcasts, Radio, News.

The Federal Reserve decision we're looking for is an interest rate cut on the FOMC of about 25 basis points.

With that decision, it's Mike McKee.

You got it, John.

A quarter point cut in the Fed's benchmark interest rate.

A few changes to the statement. And that's about it from

the Fed. The target range now four and a half to four and three quarters percent. There is no

change to balance sheet policy. The decision this time unanimous, as September dissenter Mickey

Bowman voted for this rate cut. Inflation, the statement says, has made progress,

dropping the word further toward the 2% target, but remains somewhat elevated. No longer included

the assertion that the committee has gained greater confidence that inflation is moving

sustainably toward 2%. The economic assessment suggests a slightly weaker labor market, noting that since earlier

...