Highlights From Fed Chair Powell’s News Conference

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Federal Reserve Chair Jerome Powell speaks about the Federal Open Market Committee’s decision to lower the federal funds rate to a range of 4.75% to 5%. Here are some of the key moments from Powell’s news conference.

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That was fun. Great 👍🏼 job by Papa JP as usual today. 🇺🇸

matthew.m.stevick
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Get ready for housing and auto prices to skyrocket and offset any savings a rate reduction provides. And higher purchase price = higher insurance and property taxes. A higher rate didnt.

damham