The Federal Reserve reduced interest rates for the first time since the financial crisis and hinted it may cut again this year to insulate the record-long U.S. economic expansion from slowing global growth. Discussing the news is Bloomberg Radio's Lisa Abrammowicz, Ali Wolf, Economist at Meyers Research, Ira Jersey, Bloomberg Intelligence Chief U.S. Interest Rate Strategist, Jeffrey Cleveland, Chief Economist at Payden & Rygel, Bloomberg News Bond Reporter Alex Harris and Steve Blitz, Chief U.S. Economist at TS Lombard. And finally we Drive to the Close with Randy Watts, Chief Investment Strategist William O'Neil & Co.

Hosts: Jason Kelly and Taylor Riggs.  Producer: Paul Brennan 

The Federal Reserve reduced interest rates for the first time since the financial crisis and hinted it may cut again this year to insulate the record-long U.S. economic expansion from slowing global growth. Discussing the news is Bloomberg Radio's Lisa Abrammowicz, Ali Wolf, Economist at Meyers Research, Ira Jersey, Bloomberg Intelligence Chief U.S. Interest Rate Strategist, Jeffrey Cleveland, Chief Economist at Payden &amp; Rygel, Bloomberg News Bond Reporter Alex Harris and Steve Blitz, Chief U.S. Economist at TS Lombard. And finally we Drive to the Close with Randy Watts, Chief Investment Strategist William O'Neil &amp; Co.Hosts: Jason Kelly and Taylor Riggs.  Producer: Paul Brennan

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Listen for reporting from the magazine that helps global leaders stay ahead. Hosts Carol Massar and Tim Stenovec cover the changing world of money, power and technology.&nbsp;You can watch and listen to Businessweek LIVE on YouTube, weekdays from 2PM to 5PM ET:&nbsp;<a href="http://bit.ly/3vTiACF">http://bit.ly/3vTiACF</a>.&nbsp;

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.

Bloomberg Businessweek

Fed Decides to Cut Rates by Quarter Point and Signals Potential for More

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