Interest rate cuts: Powell says Fed needs more good data to lower rates on ’60 Minutes’
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In an interview with 60 Minutes on Sunday, Federal Reserve Chair Jerome Powell stated that officials could be looking to cut interest rates sometime in the middle of 2024, leaving Wall Street and markets to guess when that could be. Yahoo Finance Markets Reporter Josh Schafer breaks down Wall Street is reacting to Powell’s comments and earnings performances. #youtube #federalreserve #stockmarket About Yahoo Finance: Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life. – Get the latest news and data at finance.yahoo.com – Download the Yahoo Finance app on Apple (https://apple.co/3Rten0R) or […]