Federal Reserve Chair Jerome Powell speaks after Fed holds interest rates steady — 1/31/2024
Federal Reserve Chairman Jerome Powell delivers remarks following the Federal Reserve's two-day policy meeting on Wednesday.
The Federal Reserve on Wednesday sent a tepid signal that it is done raising interest rates but made it clear that it is not ready to start cutting.
In a substantially changed statement that concluded the central bank’s two-day meeting this week, the Federal Open Market Committee removed language that had indicated a willingness to keep raising interest rates until inflation had been brought under control and was on its way toward the Fed’s 2% inflation goal.
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Federal Reserve Chair Jerome Powell speaks after Fed holds interest rates steady — 1/31/2024