Fed Leaves Rates Unchanged, Says Uncertainties Have Increased

The Federal Reserve indicated a readiness to cut interest rates for the first time in more than a decade to sustain a near-record U.S. economic expansion, citing “uncertainties” in their outlook. Discussing the news is Bloomberg News Global Economics and Policy Editor Kathleen Hays, Bloomberg News Stocks Editor Dave Wilson, Bloomberg Intelligence Chief U.S. Interest Rate Strategist Ira Jersey, Putri Pascualy Managing Director at PAAMCO, Bloomberg News Bond Reporter Alex Harris and Josh Wright, Chief Economist at iCIMS and Sandy Villere, Partner at Villere Funds. Hosts: Carol Massar and Jason Kelly. Producer: Paul Brennan See omnystudio.com/listener for privacy information.