Fed Minutes Show Hawkish Unity Behind September Hike
All 19 Federal Reserve officials backed the decision in September to raise interest rates, with many supporting the move to guard against the risk of intensifying inflation pressures. Bloomberg's Mike McKee reports from Washington. Yemeni armed forces say they took control of the Red Sea city of Mokha on Monday after battles with the Iran-backed Houthis. Jennifer Welch of Bloomberg Economics examines what it means for the state of conflict in the Middle East at large. Lumen CEO Kate Johnson discusses the impact of AI on the telecom sector. Plus - Apple's upcoming push into smart home devices will include a doorbell, thermostat and other accessories developed through an unusual partnership with LG Electronics. Bloomberg's Mark Gurman joins to discuss. All on the latest episode of Bloomberg Businessweek Daily.
Source: For the complete article, please visit the original source link below.
