Bloomberg Surveillance

Bloomberg's Tom Keene and Jonathan Ferro and Lisa Abramowicz discuss remarks from Fed Chair Jay Powell following the Federal Reserve's latest policy decision on a special edition of Bloomberg Surveillance.

Federal Reserve Chair Jerome Powell said he’ll remain at the central bank as a governor after his term as chair ends. “After my term as chair ends on May 15, I will continue to serve as a governor for a period of time to be determined,” Powell said Wednesday at a press conference.

While Powell’s term as Fed chair ends on May 15, his seat on the Board of Governors doesn’t expire until 2028. “I plan to keep a low profile as a governor,” he said. “There is only ever one chair of the Federal Reserve Board. When Kevin Warsh is confirmed and sworn in, he will be that chair.”
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Bloomberg's Tom Keene, Jonathan Ferro and Lisa Abramowicz break down the Federal Reserve's latest policy decision on a special edition of Bloomberg Surveillance.
Federal Reserve officials left interest rates unchanged, but revealed a deepening division over the outlook for policy amid increased uncertainty caused by the conflict in the Middle East.Four officials voted against the decision, including three who objected to language in their post-meeting statement that suggested the central bank would eventually resume cutting rates.
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Featuring:
George Goncalves, Managing Director & Head: US Macro Strategy at MUFG Securities Americas
Libby Cantrill, Managing Director & Head: Public Policy at PIMCO
Former Kansas City Fed President Esther George
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Tom Keene breaks down the Single Best Idea from the latest edition of Bloomberg Surveillance Radio.
In this episode, we feature our conversations with Seema Shah & Michael Ball.
Watch Tom and Paul LIVE every day on YouTube: http://bit.ly/3vTiACF
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The latest in finance, economics and investment.
Watch Tom and Paul LIVE every day on YouTube: http://bit.ly/3vTiACF.
Bloomberg Surveillance hosted by Tom Keene & Paul Sweeney Wednesday, April 29th, 2026
Featuring:
1) Glenn Hubbard, Supply side economist from Columbia Business School, talks about the Trump admin's economic policy push ahead of the midterms and how to navigate price pressures from the war.
2) Libby Cantrill, Head of Public Policy at PIMCO, talks about the Trump admin's latest signals about the Iran war and policy strategies ahead of the midterms.
3) Aakash Doshi, Head of Gold Strategy at State Street Investment Management, talks gold's trajectory since the Iran war began.
4) Suzanne Maloney, Vice President and Director of the Foreign Policy program at the Brookings Institution and Foreign Affairs author, discusses her Foreign Affairs article on the Iran War's unintended consequences and the stalemate in negotiations.
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