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The economy and the markets are "under surveillance" as we cover the latest in finance, economics and investment. Listen to Jonathan Ferro, Lisa Abramowicz and Annmarie Hordern for the top interviews from Bloomberg Surveillance Television. And join Tom Keene and Paul Sweeney for the best conversations from Bloomberg Surveillance Radio.

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Bloomberg Surveillance: The Fed Cuts Rates

Bloomberg Surveillance

The Fed Cuts Rates

31:50

Watch Tom and Paul LIVE every day on YouTube: http://bit.ly/3vTiACF. Bloomberg Surveillance hosted by Tom Keene & Paul Sweeney September 18th, 2025 Featuring: 1) Frances Donald, Chief Economist at RBC, joins for an extended discussion on the US labor market, inflation, and the Fed balancing its dual mandate. Fed Chair Jay Powell rallied a deeply divided committee of policymakers behind an interest rate-cut, the first cut of the year, after a significant slowdown in job growth. 2) Ian Lyngen, Head of US Rates Strategy at BMO Capital Markets, joins to talk about the 10-year yield's path below 4% and outlook for Treasury gains. Jay Powell conceded the Fed's job would get more difficult, as policymakers face difficult trade-offs in considering whether to keep cutting rates, with some officials concerned about inflation and others about the labor market. 3) Robert Kaplan, Vice Chairman at Goldman Sachs, talks about the Fed's decision to cut interest rates and whether the US economy is in, or could enter, a recession. 4) Lisa Mateo joins with the latest headlines in newspapers across the US, including a WSJ story on AI agents and a Bloomberg report on Gen Z and FICO scores.

Sep 18, 2025