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

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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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Tom Keene, Paul Sweeney, Lisa Mateo and Michael Barr have the economy and the markets "under surveillance" as they cover the latest in finance, economics and investment, and talk with the leading voices shaping the conversation around world markets.

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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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