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The Youtube channel Bloomberg Television has published today a new video called Fed Holds Rates Steady, Says Inflation Is 'Elevated'. You want to discover this video and watch it in streaming, you are lucky we put it aside for you!
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For your information, you can find below the description of the video Fed Holds Rates Steady, Says Inflation Is 'Elevated' published by the Youtube channel Bloomberg Television:
Federal Reserve officials voted unanimously to keep the benchmark federal funds rate in a range of 5.25% to 5.5% -- a two-decade high first reached in July. They penciled in one interest rate cut this year and four more in 2025. Chair Jerome Powell says inflation has eased but is still too high and that economic activity has continued at a "solid pace." He speaks in Washington.
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