The Fed Decides to Hold Rate Steady

Published: May 1, 2019, 8:19 p.m.

Federal Reserve officials left their main interest rate unchanged and continued to pledge patience as they grappled with conflicting currents in the U.S. economy. Discussing the decision and Fed Chair Powell’s press conference are Bloomberg Markets Editor Joe Weisenthal, Bloomberg News Stocks Editor Dave Wilson, Former President of the Minneapolis Fed Gary Stern, Ira Jersey, Bloomberg Intelligence Chief U.S. Interest Rate Strategist, Bloomberg News Bond Reporter Alex Harris and Bob Eisenbeis, Vice Chairman and Chief Monetary Economist at Cumberland Advisers. And we Drive to the Close with Ryan Detrick, Senior Market Strategist for LPL Financial.   Hosts: Carol Massar and Jason Kelly.  Producer: Paul Brennan