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DC Plane Crash, Tech Stocks Higher, ECB Decision | Bloomberg Brief 01/30/2025
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January 30, 2025
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43:40Now PlayingStock futures rise as investors await earnings results from Apple and Intel following a mixed report from Meta and Microsoft. The ECB is widely expected to announce a rate cut after the Fed held rates steady. Ludovic Subran of Allianz sees the Fed's terminal rate settling at 4%, leading to a transatlantic rate spread of 200 basis points. UBS's Leslie Falconio says the Fed isn't a side show despite President Trump's criticisms.
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