Jonathan Ferro

It will improve.

The chairman's saying overall it's a stronger forecast than in December.

The data since the last meeting show clear growth improvement.

And a lot of people think that's going to continue because of the tax refunds.

How important are these tax refunds going to be?

Do you think people are overly optimistic about the impact this might have?

What's the answer to that?

Just on the next Fed chair, this from the Treasury Secretary in the last hour or so, speaking to Yahoo, saying the pick may come in a week or so.

It just feels like a rolling week at the moment.

We're waiting another week to get that Fed chair pick.

If you're just joining us, we're live on Bloomberg TV and on Bloomberg Radio.

A Fed rate decision behind us, a decision to keep rates unchanged after cutting at three consecutive meetings.

We did get some dissent.

from two Fed governors, one being Governor Waller, the other being Governor Myron, looking for a 25 basis point reduction.

Let's get to Michael McKee, who was in that news conference with Chairman Powell.

Mike, welcome back.

I give you an A for trying, a big A for trying.

What was your takeaway from the chairman moments ago?

On the committee, Mike, there is still a push for an interest rate reduction from both Governor Myron and Governor Waller.

Mike, for the people that missed your coverage a little bit earlier, immediately following the decision, what's the rationale for that push from those two governors on this FOMC?