Transcribed

Fed Meeting: September Rate Cut Pump?🔴Jerome Powell

Aug 1, 2024 · 36m 34s
Fed Meeting: September Rate Cut Pump?🔴Jerome Powell
Description

The Federal Reserve most likely won’t lower interest rates on Wednesday, but it could tee up a September cut—or pour cold water on the market’s hopes. The Fed’s policy making...

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The Federal Reserve most likely won’t lower interest rates on Wednesday, but it could tee up a September cut—or pour cold water on the market’s hopes. The Fed’s policy making body will publish a statement and interest-rate decision at 2 p.m. ET today. Fed Chair Jerome Powell will deliver remarks and answer questions at a news conference beginning at 2:30 p.m.

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