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Fed Cuts Rates, Projects Fewer Reductions Next Year | Bloomberg Businessweek
Posted
December 18, 2024
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December 18, 2024
130
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16:47Now PlayingWatch Carol and Tim LIVE every day on YouTube().
Bloomberg Intelligence Chief US Interest Rate Strategist Ira Jersey and Michael Rosen, CIO at Angeles Wealth Management, discuss Federal Reserve officials projecting just two rate cuts in 2025, and they made it clear that future reductions would hinge on inflation progress. Frank Sorrentino, Chairman & CEO at ConnectOne Bank, shares his thoughts on what Fed policy means for banks and small businesses.
Hosts: Carol Massar and Tim Stenovec. Producer: Paul Brennan.
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Carol Massar and Tim Stenovec bring together the latest news from the world of business and finance and the interesting stories of global technology, politics, economics and more by harnessing the power of Bloomberg Businessweek reporters and editors.
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