Description: Federal Reserve Chair Jerome Powell announced interest rates will remain higher-for-longer on May 1, 2024. The FOMC maintained a target range for the federal funds rate at 5.25 to 5.5%, the highest since 2001. #yahoofinance #finance #news #youtubeshorts #youtube #shorts #shortsvideo #investingforbeginners #investing #stockmarket #stocks #stockoptions #fed #federalreserve #jeromepowell #inflation #interestrates #interest #rate
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