Bloomberg Surveillance: The Fed Decides 1/28/2025
Jon Ferro and Tom Keene host a special edition of "Bloomberg Surveillance." Federal Reserve Chair Jerome Powell said labor market weakness or a decline in tariff-induced inflation could lead to...
By Bloomberg Markets · Bloomberg Markets
Jon Ferro and Tom Keene host a special edition of "Bloomberg Surveillance." Federal Reserve Chair Jerome Powell said labor market weakness or a decline in tariff-induced inflation could lead to looser monetary policy after the central bank left rates unchanged. He said the central bank would consider interest-rate reductions if the labor market weakened or if the inflationary effect on goods from tariffs began to wane. (Source: Bloomberg)