Inflation and higher interest rates continue to challenge Fed officials. Former Council of Economic Advisors Chair under the Trump administration, Kevin Hassett, spoke with Yahoo Finance’s Brian Sozzi and Akiko Fujita at the 2024 Milken Conference to discuss the Fed’s monetary policy. The segment is from May 6, 2024. #yahoofinance #finance #news #youtubeshorts #youtube #shorts #shortsvideo #investingforbeginners #investing #stockmarket #stocks #fed #federalreserve #jeromepowell #powell #federal #2024 #2024shorts
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
