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Is the Fed Flying Blind?

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Manage episode 516375099 series 3311220
Content provided by Bloomberg and iHeartPodcasts. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Bloomberg and iHeartPodcasts or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

On Wednesday, the US Federal Reserve cut interest rates by 25 basis points, following its 25-basis-point cut in September. But amid a government shutdown limiting key data and questions about who will succeed Chair Jerome Powell, what comes next is anyone’s guess.

On today’s Big Take podcast, Bloomberg reporters Amara Omeokwe and Enda Curran join host David Gura to break down the path forward for the central bank: from the shutdown’s impact on its decision-making to the leading contenders for Powell’s position when his term ends in May.

Read more:

Powell Says December Rate Cut ‘Far From’ Forgone Conclusion

Here Are the Five Contenders to Replace Powell as Fed Chair

The Economic Data Lost in a Shutdown

See omnystudio.com/listener for privacy information.

  continue reading

836 episodes

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Is the Fed Flying Blind?

Big Take

196 subscribers

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Manage episode 516375099 series 3311220
Content provided by Bloomberg and iHeartPodcasts. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Bloomberg and iHeartPodcasts or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

On Wednesday, the US Federal Reserve cut interest rates by 25 basis points, following its 25-basis-point cut in September. But amid a government shutdown limiting key data and questions about who will succeed Chair Jerome Powell, what comes next is anyone’s guess.

On today’s Big Take podcast, Bloomberg reporters Amara Omeokwe and Enda Curran join host David Gura to break down the path forward for the central bank: from the shutdown’s impact on its decision-making to the leading contenders for Powell’s position when his term ends in May.

Read more:

Powell Says December Rate Cut ‘Far From’ Forgone Conclusion

Here Are the Five Contenders to Replace Powell as Fed Chair

The Economic Data Lost in a Shutdown

See omnystudio.com/listener for privacy information.

  continue reading

836 episodes

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