At its March meeting, the Federal Reserve kept the fed funds rate in a target range of 5.25%-5.5%. In an exclusive interview with Yahoo Finance’s Jennifer Schonberger, Federal Reserve Bank of Chicago President Austan Goolsbee said that three rate cuts were ‘in line’ with his thinking, though he cautioned the projections are not ‘forward guidance.’ Goolsbee joined Yahoo Finance Live on March 25, 2024. #yahoofinance #finance #news #youtubeshorts #youtube #shorts #shortsvideo #investingforbeginners #investing #stockmarket #stocks #fed #federalreserve #federal #reserve #bank #banking #useconomy #us #usa #usanews #inflation #inflationrate #interestrates #interestrate
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 […]
