The Fed Decides: Chair Powell Speaks After Leaving Rates Unchanged

Bloomberg Television
Bloomberg Television
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Published 2024-05-01
Fed Officials unanimously decided to leave the target range for the benchmark federal funds rate at 5.25% to 5.5% — where it’s been since July — following a slew of data that pointed to lingering price pressures in the US economy. We have live coverage of the decision then Fed Chair Jerome Powell's press conference.

#fed #finance #economy #business #stockmarket

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All Comments (21)
  • @BillySampson681
    Most rich people stay rich by spending like the poor and investing without stopping then most poor people stay poor by spending like the rich yet not investing like the rich but impressing them
  • @jeffreycheng5984
    "The Federal Reserve System is not Federal; it has no reserves, and is not even a system at all. But rather an international criminal syndicate."- Eustace Mullins.
  • @jaym9846
    Government's job is to print money (for EVs, wars, etc). FED jobs is to make sure the resulting inflation is limited to a rate of 2% per year. Basically they want to boil the frog slowly to avoid mass panic. They're doing good job, $34,000,000,000,000 in debt and rising.
  • @benitabussell5053
    Considering the pause in interest rate hikes, I'm thinking of reviewing the allocations in my $600K portfolio. I'm adding renewable energy and tech stocks to my portfolio. They appear long-term promising, but I'm not sure.
  • @JaimeResendizDelgado
    If April CPI comes in above 3.5% then July is off the table. We won't be seeing a rate cut until ATLEAST September if any.
  • @sapl1964
    I feel so really stupid. I had no idea. There's so much more.....
  • @nevillokapi3617
    BASEL3 IS IMPORTANT TO FED..AND PART OF BASEL3 IS GOLD📀📀 AS A TEIR 1 ASSET
  • @spaghettimonster1498
    non alternate to the dollar what a B.S. global reserve status already has been lost
  • @michaelelliott289
    Big business can't do anything without the little man or small business. Even big business started out small. Yet, the real problem is your government, can't get people their money in a timely fashion, due to all the hoops, policies, laws, and ignorance, of course that's involved in moving money. Just to add, research and development along with manufacturing is struggling, especially without money/funds moving around when needed.
  • @Sophis-od2lx
    In my opinion AMS82K has great Potential to Pump due to all the ai innovation.
  • @ludwigvonsowell5347
    Why did Tom leave the show in the first place? I can’t function without listening to Jonathan say “Tom” and “TK”.