Behind the Curtain: The FOMC Meeting in Review

Welcome to another installment of Behind the Curtain, where experts at BNY Investments share insights on the Federal Reserve (Fed’s) latest actions.

This webcast features Vincent Reinhart, former Fed staffer and chief economist for BNY Investments Dreyfus and Mellon, John Velis, Americas Macro Strategist for BNY Markets, and Eric Hundahl, Head of the BNY Investment Institute.

In this edition of Behind the Curtain, we cover:

The Fed’s rationale behind the quarter-point rate cut and the impact it may have on markets and investor flows.
The decision to stop balance sheet runoff amid short-term funding and money market concerns.
How limited data from the government shutdown increases uncertainty for policymakers.

The webinar was first broadcast on October 30, 2025.

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