Powell Says Fed Can Wait For Data as Rates Stay Steady: Fed Special

Bloomberg's Tom Keene and Jonathan Ferro break down Fed Chair Jerome Powell's comments to reporters after the Federal Reserve elected to keep rates steady amid political turmoil. The decision is the first one since Powell was served a grand jury subpoena in connection with a DOJ investigation into the fed. Two members of the FOMC, Christopher Waller and Stephen Miran, dissented in favor of a quarter-point cut. (Source: Bloomberg)