Federal Reserve Chair Jerome Powell warned investors it’s ‘premature’ to conclude Fed rate hikes are over and that the central bank needs to see more evidence that inflation is on its way back to the Fed’s 2% target. Powell weighed in on the current state of the economy at Spelman College on Dec 1, 2023. #yahoofinance #finance #news #youtubeshorts #youtube #shorts #shortsvideo #fed #federalreserve #rate #rates #ratehike #interestrates #jeromepowell #powell #speech #live
For the first time since January 2022, the Fed made no change to interest rates following a policy meeting on June 14, 2023. Fed Chair Jerome Powell addressed inflation, saying ‘the process of getting inflation back down to 2% has a long way to go.’ Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb About Yahoo Finance: At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life. Yahoo Finance Plus: With a subscription to Yahoo Finance Plus get the tools you need to invest with confidence. Discover new opportunities with expert research and investment ideas backed […]
