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Fed keeps interest rates steady. But cuts arenโ€™t far off.

Fed keeps interest rates steady. But cuts arenโ€™t far off.

Amanda Goodall's avatar
Amanda Goodall
Jul 31, 2024
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The Job Chick
The Job Chick
Fed keeps interest rates steady. But cuts arenโ€™t far off.
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๐…๐„๐ƒ ๐‘๐š๐ญ๐ž ๐‚๐ฎ๐ญ๐ฌ? Itโ€™s the same olโ€™ press conference we have seen over the past few months.

โ€œWe are maintaining our restrictive stance of monetary policy in order to keep demand in line with supply and reduce inflationary pressures.โ€ - Powellโ€™s opening comments today.

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He stated that FOMC decided to keep the inโ€ฆ

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