Warranted in order to shore up Inflation Expectations and a couple participants james bullard, one of them, wanted to acut rates to allay concerns about inflation the minutes show officials felt the increase in uncertainty was a relatively recent phenomenon and there had been staff discussion about the sensitivity of markets to the trade fights with mexico and several officials felt they wanted to wait for more information on the trajectory of the economy before reaching a final conclusion. However, the minutes also show that the fed realizes that markets have baked in a rate cut relatively soon. The minutes state the reason Financial Conditions have remained supportive of growth is because they were premised on the expectation of easier Monetary Policy. Guys, back to you. Elon, medicatiothanks lets bring in Steve Liesman with reaction to what has been a very, very busy fed day and now the minutes on top of that. It fits together, kelly you had a fed chairman that all but guaranteed th
Pentagon was not taken by surprise when north korea fired off that missile on july 4. Global news 24 hours a day powered by more than 2700 journalists and analysts in 120tries in countries. I am Alisa Parenti and this is bloomberg and Bloomberg Technology is next. Caroline im Caroline Hyde in london in for emily chang. This is Bloomberg Technology. Coming up, the bloodbath at microsoft as the Software Giant thes its full attention to clouds. While thousands of employees are out of work. Plus, the investors banking on britain to keep its title and bragging rights of europes leading tech hub. Are pumping billions into londons Technology Sector despite brexit. In battle the cofounder resignation and downward spiral or the chinese tycoons plea for more time to reap high and his focused on electric cars. To our lead. A major reshuffling going on at microsoft. The tech giant confirmed it is cutting thousands of jobs. The number of jobs ranges from 30005 thousand and most of those jobs in sal
Pentagon was not taken by surprise when north korea fired off that missile on july 4. Global news 24 hours a day powered by more than 2700 journalists and analysts in 120tries in countries. I am Alisa Parenti and this is bloomberg and Bloomberg Technology is next. Caroline im Caroline Hyde in london in for emily chang. This is Bloomberg Technology. Coming up, the bloodbath at microsoft as the Software Giant thes its full attention to clouds. While thousands of employees are out of work. Plus, the investors banking on britain to keep its title and bragging rights of europes leading tech hub. Are pumping billions into londons Technology Sector despite brexit. In battle the cofounder resignation and downward spiral or the chinese tycoons plea for more time to reap high and his focused on electric cars. To our lead. A major reshuffling going on at microsoft. The tech giant confirmed it is cutting thousands of jobs. The number of jobs ranges from 30005 thousand and most of those jobs in sal
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