Fed Chair Jerome Powell’s comments on Dec FOMC meeting: Key takeaways

The Federal Reserve has decided to pause interest rates and hold them where they are for the month of December. In a press conference coming out of the December FOMC meeting, Fed Chair Jerome Powell state officials want to see more progress made on inflation in their monetary policy.
Yahoo Finance Fed Reporter Jennifer Schonberger breaks down the top takeaways from Powell’s statement and the Fed’s 2024 economic expectations outlined in his comments.
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