Fed Leaves Interest Rates Unchanged While Forecasting Rate Cuts Later This Year
Federal Reserve Chair Jerome Powell says interest rates will remain unchanged at 5.25 to 5.50 percent for now while also…
Federal Reserve Chair News Conference
2024-03-20T21:01:08-04:00https://ximage.c-spanvideo.org/eyJidWNrZXQiOiJwaWN0dXJlcy5jLXNwYW52aWRlby5vcmciLCJrZXkiOiJGaWxlc1wvYTE1XC8wMDFcLzE3MTA5ODI5ODZfMDAxLmpwZyIsImVkaXRzIjp7InJlc2l6ZSI6eyJmaXQiOiJjb3ZlciIsImhlaWdodCI6NTA2fX19Federal Reserve Chair Jerome Powell spoke with reporters after the board opted to leave interest rates unchanged following its policy meeting. Mr. Powell talked about the decision and the conditions that would warrant a rate cut later in 2024. The Fed began increasing the rate in March 2022 to address high inflation. The Federal Open Market Committee, tasked with implementing rate hikes or rate cuts and other monetary policy actions, was to revisit the issue when it met again at the end of May.
Federal Reserve Chair Jerome Powell spoke with reporters after the board opted to leave interest rates unchanged following its policy meetin… read more
Federal Reserve Chair Jerome Powell spoke with reporters after the board opted to leave interest rates unchanged following its policy meeting. Mr. Powell talked about the decision and the conditions that would warrant a rate cut later in 2024. The Fed began increasing the rate in March 2022 to address high inflation. The Federal Open Market Committee, tasked with implementing rate hikes or rate cuts and other monetary policy actions, was to revisit the issue when it met again at the end of May. close
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