Federal Reserve Chair Jerome Powell speaks after Fed holds interest rates steady — 3/20/2024
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Published 2024-03-20
The Fed held interest rates steady as expected and signaled it still plans multiple cuts before the end of the year.
Following its two-day policy meeting, the central bank’s rate-setting Federal Open Market Committee said it will keep its benchmark overnight borrowing rate in a range between 5.25%-5.5%, where it has held since July 2023.
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Federal Reserve Chair Jerome Powell speaks after Fed holds interest rates steady — 3/20/2024
All Comments (21)
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One day you're young, the next youre excited for the fed meeting.
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Should have never cut rates to near ZERO during a pandemic & created a buying spree with nothing to buy
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Professional and calm. No hype.
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The rates need to go up not down. There needs to be pain before prosperity from the mess created since 2020
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Since we're approaching April, one of the best months to buy stocks. I am currently holding north of $300k in a savings account waiting to invest in another huge opportunity.. Where would you invest this as of now?
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This guy has the hardest job in america.... Trying to keep markets calm during a storm is impressive. The USA will fall no matter how many smart words you try to use to explain it.
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Amazing. 1 year ago he kept saying he was data dependent. Today I keep hearing "we're confident it will happen, we're just not sure when it will show up in the data"....
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The economy is doing fine, why lower rates? U lower rates if the economy is in recession or distress. This is a pure political move. This guy is destroying millions of people life and future, especially the younger generation.
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Crazy time we’re in.. on one side we have the politicians just printing billions to send overseas.. then we got this guy battling inflation
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The cost of living seems to be increasing every year, making it harder to keep up.
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Rates are not going down anytime soon. Inflation increases still until the recession hits. We will hit rock bottom before we start to see betterment
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I work at Publlix and do the price changes every day, so personally i feel the pain ! Ocala, FL
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Thanks for sharing this.
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They will cut rates and then see inflation soar again! This has happened throughout history and then they raised rates once again and we seen recessions. Hate to say it but sometimes recessions are good to help restart the economy
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The only government figure that doesn't lie to your face. Tells you the facts and trys to do the best job possible. Must be very difficult.
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Too much money was printed
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A one bedroom apartment is $1200 Jerome
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Jerome Powel is very professional with his responses. I love it
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yo what happened to the CBDC part
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Inflation & shrinkflation which means it’s much higher than they say.
