Kate Davidson - Profile and Journalist Details
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Kate Davidson
Verified
Managing Editor, US Economic Policy, Bloomberg News
Washington
Beats
I do not cover music
Content
By Kate Davidson Verified| Bloomberg News Verified The Marriner S. Eccles Federal Reserve building in Washington, DC. Photographer: Al Drago/BloombergHow easy or hard was it to use Bloomberg.com today? Share feedbackHave a confidential tip for our reporters?
By Kate Davidson Verified| Bloomberg News Verified Here are key takeaways from the Federal Reserve's interest-rate decision on Thursday: Federal Open Market Committee votes unanimously to lower benchmark rate by 25 basis points to target range of 4.5%-4.75% Fed tweaks language to note “labor market conditions have generally eased,” and repeats “the unemployment rate has moved up but remains low” Statement removes reference to “further” inflation progress, noting inflation “has made progress toward the committee's 2% objective but remains...
By Kate Davidson Verified| Bloomberg News Verified Here are key takeaways from the Federal Reserve's interest-rate decision on Wednesday: Federal Open Market Committee votes 11 to 1 to lower benchmark rate by 50 basis points to target range of 4.75%-5.0%, the first rate cut in more than four years Fed Governor Michelle Bowman votes against decision in favor of a smaller, quarter-point cut, the first such dissent since June 2022 and the first time a Fed governor has dissented since September 2005 “Dot plot” of rate projections shows the median...
Company Info
Bloomberg News
Bloomberg L.P. is a global financial data, software, and media company founded in 1981 by Michael Bloomberg and his partners. Originally named Innovative Market Systems, it rebranded to Bloomberg L.P. in 1986. The company is renowned for the Bloomberg Terminal, a proprietary platform that provides real-time financial data, analytics, and trading tools to over 350,000 subscribers worldwide. Bloomberg operates in three main areas: financial technology, news/media, and data analytics. Its flagship product, the Bloomberg Terminal, offers market data, news, and communication tools for financial professionals. Bloomberg News, with over 120 bureaus globally, covers financial markets, politics, and technology across various platforms, including digital, television, and print. The company also provides specialized data and analytics services, including legal and regulatory information, through its acquisitions. Bloomberg L.P. is privately held, with an estimated revenue of $12.5 billion in 2023, primarily from terminal subscriptions.
United Arab Emirates, United Arab Emirates
+1 212-318-2000
Founded: 1981