Instant Reaction: The Fed Decides
Bloomberg Surveillance
Bloomberg
3.8 • 1.2K Ratings
🗓️ 31 January 2024
⏱️ 30 minutes
🧾️ Download transcript
Summary
Bloomberg's Tom Keene, Jonathan 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
Click on a timestamp to play from that location
| 0:00.0 | Hi, I'm Lisa Mateo, introducing you to the new Stockmovers report from Bloomberg. |
| 0:08.6 | These are short audio reports, five minutes or less, delivered right to your podcast feed throughout the day. |
| 0:15.2 | Stockmovers fills you in on the day's winners and losers on Wall Street and tells you about the news and data that's |
| 0:21.0 | driving those gains and losses. If you want to stay plugged into the stock market, but don't |
| 0:25.9 | want to spend all day watching tickers scroll across your screen, then Stock Movers is a place for you |
| 0:32.0 | to get informed. Listen a couple times throughout the day to find out what's moving equities and why. |
| 0:39.0 | Search for stock movers on Apple Podcasts, Spotify, or anywhere else you listen. |
| 0:44.4 | Get the latest stock news and data backed by reporting from Bloomberg's 3,000 journalists and analysts across the globe. |
| 0:53.0 | Subscribe to Stockmovers, wherever you get your podcasts. Risks to the economy are now balanced, the Fed says, and they're no longer talking about raising rates, |
| 1:11.9 | but do not expect cuts soon. No change in rates today, and the statement drops the reference |
| 1:17.3 | to additional policy firming, now saying, quote, in considering any adjustments to the target range, |
| 1:24.3 | the committee will carefully assess incoming data, the evolving outlook, and the balance |
| 1:29.1 | of risks. But before you buy March futures, the statement goes on to say, the committee does not |
| 1:35.2 | expect it will be appropriate to reduce the target range until it has gained greater confidence |
| 1:40.1 | that inflation is moving sustainably toward 2%. Officials say the economy is solid, job gains remain strong, |
| 1:48.4 | and the committee judges that risks to achieving its employment and inflation goals |
| 1:53.7 | are moving into better balance. |
| 1:56.0 | Inflation, however, has eased over the past year, but remains elevated, the statement says. |
| 2:01.7 | The economic outlook is uncertain, and the committee remains highly attentive to inflation risks. |
| 2:08.2 | There is no change to balance sheet policy, nor does the statement suggest any changes are |
| 2:13.2 | imminent. The Fed will keep the $60 billion cap on treasury roll-offs and the $35 billion cap on |
| 2:19.6 | mortgage bonds. The decision today, unanimous and one other bit of business, the Fed has extended |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from Bloomberg, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Bloomberg and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.

