Powell Says ‘Time Has Come’ for Fed to Cut Interest Rates

Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF. Bloomberg News International Economics & Policy Correspondent Michael McKee and Tracy Bell, Chief Investment Officer at First Horizon Advisors, discuss the economic and investor implications of Fed Chair Jay Powell saying the time has come for the Federal Reserve to cut its key policy rate, affirming expectations that officials will begin lowering borrowing costs next month. Bloomberg News Wealth Team Reporter Amanda Gordon provides the details of her Bloomberg Big Take story Harris’ Vibes-Heavy, Policy-Lite Run Leaves Businesses Guessing. Zach Bradford, CEO of CleanSpark, talks about the business of Bitcoin mining. And we Drive to the Close with Louis Navellier, Founder and CIO at Navellier & AssociatesHosts: Tim Stenovec and Jess Menton. Producer: Paul Brennan. See omnystudio.com/listener for privacy information.