Monetary Policy - The committee decided to lower the target range for the federal funds rate by 0.25 percentage point, setting it between 2.75% and 4% [1] - A further reduction in the policy rate at the December meeting is not a foregone conclusion [2] Economic Outlook - Conditions in the labor market appear to be gradually cooling [1] - Inflation remains somewhat elevated [1] - The shutdown of the federal government will weigh on economic activity, but these effects should reverse after the shutdown ends [1] - Data suggesting a strengthening or stabilizing labor market would influence future decisions [2]

Inflation & Employment Risks - Near-term inflation risks are tilted to the upside, while employment risks lean towards the downside [1] - Navigating the tension between employment and inflation goals presents a challenging situation with no risk-free policy path [1] Monetary Policy Stance - The framework emphasizes a balanced approach in promoting both sides of the dual mandate [2] - Downside risks to employment have increased in recent months, shifting the balance of risks [2] - The company judged it appropriate to take another step toward a more neutral policy stance [2] - The company remains well-positioned to respond in a timely way to potential economic developments [3] - The appropriate stance of monetary policy will be determined based on incoming data, the evolving outlook, and the balance of risks [3] - The committee continues to face two-sided risks in its discussions [3] Future Policy Decisions - Strongly differing views exist about how to proceed in December [4] - A further reduction in the policy rate at the December meeting is not a foregone conclusion [4] - Policy is not on a pre-set course [4]

$629 billion in assets under adisement about 11 billion worth of Nvidia shares in your fund. Margie, uh your reaction to this company being the world's first $5 trillion market value company. >> Well, it really shows us this uh representation of this huge sea change in technology which is artificial intelligence and uh certainly it's the leader.It's way ahead, but honestly it's like a tsunami. There's one big wave and then there's wave after wave after wave and we really don't know if we're even near the pe ...

Interest Rate Policy - The Federal Reserve (Fed) cut the benchmark lending rate by 0.25 percentage point, setting a new target range of 3.75% to 4% [1] - Two policymakers dissented: one favored a 0.5 percentage point cut, and the other preferred no change [1] - The Fed's administered rates for interest on reserves and the primary credit rate mechanically decreased by 0.25 percentage point [1] Balance Sheet - The Fed will stop redeeming maturing Treasury securities at the end of November [1] - Principal payments will be rolled over going forward [1] - The mortgage cap of $35 billion a month remains in place [1] - As of December 1st, all principal payments on maturing agencies will be reinvested in Treasury bills [1] Economic Assessment - Economic activity has been expanding at a moderate pace [1] - Job gains have slowed this year, and the unemployment rate has edged up but remained low through August [1] - Downside risks to employment rose in recent months, and uncertainty about the economic outlook remains elevated [2] - There is no change to their forward guidance, and the Fed will consider many factors when considering additional adjustments to the target rate [2]

Just she ready reaction to this call in that dissent. I don't think it was at all surprising. The two dissents could have been a bit more interesting.I think Myron could have gone for 75 basis points. After all, he wanted 50 last time. So there's 25 that he's owed, plus another 50 this time.That would have been fun. And Schmitt, where was he last meeting. Where was he last meeting.Now, you've had more evidence that the labour market is feeling a bit sponge year and inflation's not as much of a threat as we ...

JOE: COUNTING DOWN TO THE FED AND MEETING OF THE MINDS. WE APPROACH THE FED’S INTEREST RATES AND PRESIDENT TRUMP MEETING WITH PRESIDENT XI. WE WILL GET AN UPDATE FROM SOUTH KOREA AS HE MAX HAS WAY THROUGH THE SUMMIT AND WE WILL HAVE A MECHANICAL PANEL AND BY THE TIME THIS HOUR IS DONE WE WILL HAVE SPECIAL COVERAGE ON WASHINGTON.WE HAVE THE LATEST ON THE TRADE AS WE GET SET FOR AN INTEREST RATE CUT. >> YOU ARE RIGHT ON THAT. ONE HOUR FROM NOW WE HAVE YOU COVERED ON BLOOMBERG TELEVISION AND RADIO WITH MICHAEL ...

Interest Rate Decisions - The Federal Reserve (Fed) cut the benchmark lending rate by 0.25 percentage point, setting the target range to 3.75%-4% [1] - Two dissents occurred: one favored a 0.5 percentage point cut, and another preferred no change [1] - The Fed's administered rates for interest on reserves and the primary credit rate mechanically decreased by 0.25 percentage point [2] Balance Sheet Adjustments - The Fed will stop redeeming maturing Treasury securities at the end of November, rolling over principal payments going forward [2] - The mortgage cap remains at $35 billion per month, but starting December 1st, all principal payments on maturing agencies will be reinvested in Treasury bills [3] Economic Assessment - Available indicators suggest that economic activity has been expanding at a moderate pace [3] - Job gains have slowed this year, and the unemployment rate has edged up but remained low through August [3] - Downside risks to employment rose in recent months, and uncertainty about the economic outlook remains elevated [4] - There is no change to the Fed's forward guidance; additional adjustments to the target rate will consider many factors [4]

ON THURSDAY THE PRESIDENT OF THE UNITED STATES AND THE CHINESE LEADER MEETING. PLUS, MORE TECH EARNINGS. APPLE AND AMAZON.LET'S STICK WITH TECH. NVIDIA ON TRACK TO BECOME THE FIRST FIVE TRILLION DOLLARS COMPANY AS PRESIDENT DONALD TRUMP FUELS HOPES OF BLACKWELL CHIP SALES IN CHINA. JAY GOLDBERG OF SEAPORT HOLDS THE SOLE SALE -- SELL RATING ON NVIDIA WITH A $100 PRICE TARGET, SAYING THERE IS A LOT MORE THAT CAN GO WRONG WITH NVIDIA THEN CAN GO RIGHT.WELCOME BACK TO THE PROGRAM. 73 BUYS. SIX HOLDS.YOURSELF. W ...

Disaster Preparedness - The Provincial Defense Council is preparing for Hurricane Melissa's arrival [1] - Technical personnel and engineers are being stationed at each dam [1] - Evacuations to safe locations or family homes are underway [1] Resource Management - Focus on hydraulic resources is a key measure [1]

European Central Bank President Christine Lagarde holds a press conference following the decision to keep interest rates unchanged. Follow our live blog: https://www.bloomberg.com/news/live-blog/2025-10-30/ecb-interest-rate-decision-eurozone-lagarde-press-conference-gdp-inflation 0945 ET / 1345 GMT / 1445 CET #politics #europe #business #ecb ...