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Fed Leaves Rates Unchanged: Live Coverage of Powell Press Conference
Posted
March 20, 2024
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2:23:25Now PlayingFederal Reserve officials maintained their outlook for three quarter-point rate cuts this year but forecast fewer cuts than before in 2025 following a recent uptick in inflation. Rates were left unchanged.
Chair Jerome Powell says:
-inflation remains too high
-rate are likely at their peak
-growth has been solid
-economy is strong
#fed #economy #stockmarket #business #politics
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