Federal Reserve Decision, Jobs Report, New House Speaker, and More
Bloomberg Daybreak: US Edition
October 28, 202335m 14s
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Show Notes
Bloomberg Daybreak Weekend with Tom Busby takes a look at some of the stories we'll be tracking in the coming week.
In this episode:
- Federal Reserve interest rate decision. Economists are forecasting the Fed will hold the target for its benchmark interest rate at 5.25% to 5.5%.
- US employment report for October. Economists are forecasting non-farm payrolls rose by 173,000 in October following September’s gain of 336,000.
- Republicans installed little-known Trump ally Mike Johnson as US House speaker, cementing the party’s rightward shift and ending a messy three-week succession fight that paralyzed legislative work.
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