Archive List for Federal Reserve Chair

Federal Reserve raises interest rates to highest level since 2001 #shorts

#yahoofinance #federalreserve #interestrates #jeromepowell Federal Reserve Chair Jerome Powell announced an interest rate hike of 25 basis points on July 26, 2023. Wednesday’s rate hike will mark the 11th increase since March 2022 and brings the fed funds rate to the highest level in 22 years. The Fed now expects inflation to end the year closer to 4% up from 3.6% previously, nearly double the Fed’s inflation target. 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 […]

Fed Chair Jerome Powell on need for higher-than-anticipated rate hikes #shorts

Federal Reserve Chair Jerome Powell discusses the necessity for higher rate hikes now in order to reduce inflation in the future during a hearing with the Senate Banking Committee on March 7, 2023. #yahoofinance Watch more here: https://finance.yahoo.com/powell-tells-congress-rates-will-likely-be-higher-than-previously-anticipated-150011657.html Don’t Miss: Valley of Hype: The culture that built Elizabeth Holmes WATCH HERE: 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 […]