Federal Reserve officials scaled back their projected interest-rate increases this year to zero and said they would end the drawdown of the central bank’s bond holdings in September after holding policy steady on Wednesday. Discussing the news is Kathleen Hays, Bloomberg News Global Economics and Policy Editor, Bloomberg Stocks Editor Dave Wilson, Frances Donald, Head of Macro Economic Strategy at Manulife Asset Management, and Bloomberg News Federal Reserve Reporter Steve Matthews. Bob Eisenbeis, Vice Chairman and Chief Monetary Economist at Cumberland Advisers, and Bloomberg News Bond Reporter Alex Harris, recap Fed Chairman Jay Powell’s press conference. And we Drive to the Close with David Rosenberg, Chief Economist & Strategist at Gluskin Sheff. 

Hosts: Jason Kelly and Paul Sweeney. Producer: Paul Brennan

Federal Reserve officials scaled back their projected interest-rate increases this year to zero and said they would end the drawdown of the central bank’s bond holdings in September after holding policy steady on Wednesday. Discussing the news is Kathleen Hays, Bloomberg News Global Economics and Policy Editor, Bloomberg Stocks Editor Dave Wilson, Frances Donald, Head of Macro Economic Strategy at Manulife Asset Management, and Bloomberg News Federal Reserve Reporter Steve Matthews. Bob Eisenbeis, Vice Chairman and Chief Monetary Economist at Cumberland Advisers, and Bloomberg News Bond Reporter Alex Harris, recap Fed Chairman Jay Powell’s press conference. And we Drive to the Close with David Rosenberg, Chief Economist &amp; Strategist at Gluskin Sheff. Hosts: Jason Kelly and Paul Sweeney. Producer: Paul Brennan

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. You can watch and listen to Businessweek LIVE on YouTube, weekdays from 2PM to 5PM ET: http://bit.ly/3vTiACF. 

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

Federal Reserve Signals No Rate Hike in 2019

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/7a218dd1-de8f-4de2-9a51-ae2b00a531df/transcript