The Federal Reserve announced Wednesday that it has decided to maintain interest rates in a range of 5.25%-5.50%. Federal Reserve Chairman Jerome Powell announced the decision this afternoon. Here are the top three takeaways investors need to know regarding the decision.
1. The Fed remains committed to return inflation to 2% (00:00:03)
“Inflation is still too high. Ongoing progress in bringing it down is not assured, and the path forward is uncertain,” Powell said. “As we look ahead to next year, I want to assure the American people that we’re fully committed to returning inflation to our 2% goal.”
2. The Fed decided to maintain target range at 5.25-5.5% (00:00:39)
Powell explained, “The committee decided at today’s meeting to maintain the target range for the Federal funds rate at 5.25-5.5%, and to continue the process of significantly reducing our securities holdings.”
3. Inflation expectations of the Fed (00:01:09)
Powell said, “Longer term inflation expectations appear to remain well anchored, as reflected in a broad range of surveys of households, businesses, and forecasters, as well as measures from financial markets.”
#youtube #interestrates #stockmarket
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COMPANIES ARE PRICE GOUGING
Indeed
Some are. Some aren’t. But you knew that, didn’t you?
Do you have an opinion on the idea that price “gouging” would automatically punish itself by returning suboptimal commercial results?
PRICES ARE DROPPING
FOX NEWS
&
THE REPUBLICANS
ARE THROWING A FIT
BECAUSE
PRESIDENT JOE BIDEN
LOWERED PRICES
You can’t lower the interest rates it would be suicide for our economy. It’s just rate shouldn’t even be lowered until 2025 second or third quarter.
Yeah the rates are surely not going down anytime soon. Mainly because the housing market is incredibly resilient and most of the inflation is reduced only due to fuel
@@mohit4902they will lower rates. No matter what housing does
You don’t think “suicide” is a wee bit weird?
@@TheDavidlloydjones “suicide for our economy” what’s weird about that. you’re weird.
If housing hadn’t become a plantation rebranded. We’d all be fine. We’d have less taxes as we’d have less people on food stamps due to rents evaporating all their money. Why is everyone ignoring this? Because we’re all greedy. We’d rather be kings of a wasteland than equals in a functioning democracy.
Everyone who gets rich thinks they’re Cinderella at the ball
Bro please start reducing the damn interest rates. Enough is enough
Dude – home prices keep soaring just because of the news that Fed will cut rates in 2024, they should keep it up at least till 2026. It’s going to be tough but healthy in the long run, people can’t be paying 5K per month just on mortgage with home prices doubling during Covid. Higher interest rate will at least put investors on the sidelines
That would be horrible.
Absolutely not, rates need to stay where they are (or go higher) for at least a year.
@@bm1617 yup. we’ll just see if the Fed chickens out again
Basically we’re a fat ass who has been eating donuts and bacon for all 5 meals of the day for years.
We’re now on a diet. If we drop the diet, it’ll be binge eating and we are SCREWED.
I’ve been quite unsure about investing in this current market and at the same time I feel it’s the best time to get started on the market. i was at a seminar and the host spoke about making over $972,000 within 3 Months with a capital of $200,000. I just need creative ideas to afford my retirement
Yes I Agree, I’ve been talking to Nick Dranchak for long now, mostly because I lack the knowledge and energy to deal with these ongoing market circumstances. there are more aspects of the market than the average individual is aware of. Having an investing counselor is now the best line of action, especially for those who are close to retiring..
I also follow the guidelines of Mr Nick, invested $88,000 in Bitcoin, making 15% – 20% every week. unlike I can say for my IRA which has just been trudging along
What more and more Americans are waking up to these days is the absolute fact that the ONLY reason ‘Inflation is too high… and the path forward is uncertain’ is because…, currently…, all of our top tier federal officials, both elected and appointed, are still refusing to come forward and tell the American people the truth by publicly acknowledging the deficit spending and or the quantitative easing (QE) process that I more appropriately call the reality of the Equity Spending (ES) process.
What little Mafia State flunky Jerome won’t tell we the American people is a lot which is to say that he should first and foremost publicly acknowledge the fact that we now routinely electronically generated we the peoples’ $s in order to meet federal expenditures (ES) when there are insufficient funds available from our defunct federal tax revenue system that will never, cannot ever, never ever be revived. Then this alleged Mafia State flunky should go on to explain the crux of the Equity Spending reality/process which crux is that even though we the peoples’ electronically generated ES, if you will, $s spend exactly the same as we the peoples’ forty-hour workweek paycheck $s, it is nonetheless impossible to actually borrow or payback, for that matter, we the peoples’ electronically generated ES $s because these ES $s are in fact, we the peoples’ electronically generated ES $s, and YES, it is all just that simple, as far as “The Big Picture” is concerned. One point being that the reason why little Jerome won’t do or hasn’t done what is the right thing to do is “possibly/allegedly” because he is up to IT to his eyeballs and if he comes forward now, he could spend the rest of his life in prison or more than likely he would be assassinated which threat is most probably why so many others haven’t come forward and told the truth about the abuse and misuse of the Equity Spending reality/process (President Trump).
As for inflation, there has to be a return to the OPA system of prices controls. Look it up.
I’m not allowed to post here the title to my singularly unique literary contribution that uses a fictional and a non-fictional format in order to fully illustrate exactly how and why the reality of the Equity Spending process works, but I can post my full name – Oscar Dean Windham.
expect bearish on monday
The insane rate lowering by the dopes in the fed caused all the inflation that we have now. When interest rates are kept low, that makes the money cheaper to borrow. By inference, cheaper money has less value then, which means that with cheap money, you have to pay more of it to get goods!!!
‘Anything that can go wrong will go wrong’ …. Murphy’s Law
Why r we shooting for 2% inflation when that means prices will continue to go up every yr ? Wat we need is 2% deflation, -2% inflation for quite awhile, in order to bring prices back to prepandemic lvls. Do they not know basic math ? Only some parishable core items r down while others r still up 30-100%. Soda prices r up like 100% from prepandemic. Fast food prices r up like 30-50%. Insurance is up like 100%. Property taxes r up like 30-50%. Flour is up 75%, etc.
Are recent immigrants included in unemployment figures?
Rent is high
Homes are high
Gas is high
The Fed cares more about making sure Old Man Biden gets re-elected than they do about inflation eating the American middle class alive.