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Instant Reaction: Jay Powell on the Fed Decision | Bloomberg Businessweek

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January 29, 2026

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Bloomberg's Tom Keene and Jonathan Ferro discuss remarks from Fed Chair Jay Powell following the Federal Reserve's latest policy decision on a special edition of Bloomberg Surveillance.

Federal Reserve officials left interest rates unchanged and pointed to improvements in the US economy as they signaled a more cautious approach to potential future adjustments.

The Federal Open Market Committee voted 10-2 Wednesday to hold the benchmark federal funds rate in a range of 3.5%-3.75%. Governors Christopher Waller and Stephen Miran dissented in favor of a quarter-point reduction.

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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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Guests & Subjects Covered

Instant ReactionBloomberg's Tom KeeneJonathan FerroFed Chair Jay PowellFederal Reserve'sBloomberg Surveillance Federal ReserveGovernors Christopher WallerStephen Miran

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