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For your information, you can find below the description of the video Fed Makes First Rate Cut Since 2020 | Balance of Power published by the Youtube channel Bloomberg Television:
"Balance of Power" focuses on the intersection of politics and global business. On the show today, Jennifer Harris, International Economist and Former Senior Director for the National Security Council & National Economic Council, weighs in on whether or not the Federal Reserve is too late on their 50 basis-point rate cut in regards to the job market. Terry Haines, Pangaea Policy Founder, discusses the political reaction from the Federal Reserve cutting interest rates by 50 basis-points and states that this Fed is not politicized.
Chapters:
00:00:00 - Balance of Power Begins
00:01:55 - Bloomberg’s Michael McKee on Federal Reserve Cutting Rates by 50 Basis-points
00:04:16 - Bloomberg’s Julie Fine on the Political Reaction Following the Fed Rate Cut
00:08:13 - Bloomberg Mike Dorning on Congressing Fighting to Avoid Shutdown
00:11:10 - Jennifer Harris, Fmr. Senior Director for the National Security Council & National Economic Council, on Rate Cut & Job Market
00:20:31 - Bloomberg’s Michael Shepard on Walkie-talkies Blow up in Lebanon
00:24:20 - Terry Haines, Pangea Policy Founder, on Rate Cut Decision, Fed Not Politicized
00:32:49 - Political Panel on Quinnipiac Poll Showing Harris Leads Trump in PA
00:41:44 - Political Panel on Congress Racing to Avoid Government Shutdown
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