Bloomberg Surveillance: The Fed Decides 10/27/2026

Jon Ferro, Lisa Abramowicz and Tom Keene host a special edition of "Bloomberg Surveillance" as the Federal Open Market Committee voted 10-2 to hold its benchmark federal funds rate in a range of 3.75% to 4% and leave interest rates unchanged. Chapters: 00:00:00 Bloomberg Surveillance: The Fed Decides 00:03:49 Should the Fed Raise Rates? 00:05:35 A Bifurcated U.S. Economy 00:09:43 AI, Data Centers & Economic Growth 00:13:29 Fed Policy, Inflation & December Expectations 00:19:19 Markets Ahead of the Fed Decision 00:23:24 Labor Market, Inflation & the Economy 00:26:05 Fed Holds Rates Steady 00:29:09 Why Didn't the Fed Hike? 00:34:21 AI, Productivity & Monetary Policy 00:38:29 Fed Dissents & December Rate Expectations 00:41:36 AI Debt, Financial Conditions & Inflation 00:48:51 What Is the Fed Waiting For? 00:56:38 Kevin Warsh Explains the Fed Decision 01:03:22 Why the Fed Held Rates Steady 01:11:38 Fed Task Forces, AI & Jobs 01:17:38 Oil Prices, Inflation & Interest Rates 01:19:19 AI Investment & the Impact of Higher Rates 01:30:40 Markets React to Warsh's Press Conference 01:36:00 What the Fed Decision Means for Markets 01:46:47 Financial Conditions & the AI Trade -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg Business on: X: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/ TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en Reddit: https://www.reddit.com/r/bloomberg/ LinkedIn: https://www.linkedin.com/company/bloomberg-news/ More from Bloomberg: Bloomberg Radio: https://twitter.com/BloombergRadio Bloomberg Surveillance: https://twitter.com/bsurveillance Bloomberg Politics: https://twitter.com/bpolitics Bloomberg Originals: https://twitter.com/bbgoriginals Watch more on YouTube: Bloomberg Technology: https://www.youtube.com/@BloombergTechnology Bloomberg Originals: https://www.youtube.com/@business Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts