Stocks Rally As the Fed Holds Rates | Bloomberg Daybreak: Asia Edition
March 20, 2025
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30:54Instant Reaction: Jay Powell on the Fed Decision | Bloomberg Businessweek
22:37Now PlayingStocks Rally As the Fed Holds Rates | Bloomberg Daybreak: Asia Edition
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as posted by the channelOn today's episode, we explore the fallout of the Federal Reserve and the Bank of Japan decisions. The Fed held rates steady today. We speak to Mark Cranfield, Bloomberg MLIV Strategist.
Plus- The Federal Reserve Chair Jerome Powell cited the potential for the impact of tariffs on inflation to be “transitory.” The jump in stocks, the biggest for any Fed day since July, follows a bruising four-week stretch in which the S&P 500 slid into a correction. We speak to Jamie Cox, Managing Partner at Harris Financial Group.
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