Fed Makes Second Straight Rate Cut, Splits on Further Action

Federal Reserve policy makers lowered their main interest rate for a second time this year while splitting over the need for further easing, caught between uncertainty over trade and global growth and a domestic economy that's holding up well. Discussing the news and providing analysis are Bloomberg News Global Economics and Policy Editor Kathleen Hays, Bloomberg Stocks Editor Dave Wilson, Bloomberg Intelligence Chief U.S. Interest Rate Strategist Ira Jersey, Steven Skancke, Chief Economic Advisor at Keel Point, Bloomberg News Bond Reporter Alex Harris, Josh Wright, Chief Economist at iCIMS, and Wayne Wicker, CIO at Vantagepoint Investment Advisers. Host: Carol Massar. Producer: Paul Brennan. See omnystudio.com/listener for privacy information.