As expected, the Federal Reserve cut 25 bps in this election week, not a surprise, but Jerome Powell wasn’t as hawkish as might have been expected. Bloomberg Intelligence Chief US Interest-Rate Strategist Ira Jersey is joined by Senior Government Analyst Nathan Dean to discuss the implications of the recent election cycle for the US economy and Treasury markets. They discuss the current state of executive policy uncertainty, and potential outcomes of various campaign promises, though Dean doesn’t think the debt ceiling is going to be an issue for the next four years. They also touch on potential changes in tax policies, fiscal budgets, and financial regulations. The Macro Matters podcast is part of BI’s FICC Focus series.