Fed keeps interest rates unchanged, signals September rate cut

Federal Reserve Board Chairman Jerome Powell holds a news conference following the July Federal Open Market Committee meeting on interest rates. #foxbusiness

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[smileystevie]

Full of BS😂 Go to grocery stores to buy foods to feed your families and see how expensive things are.

[truthful]

False. Cost of living, grocerie are up..doubled, even tripled in Employment and wages are low.

[justincase]

Screw you. I'm sick of the fact that i make more money than i ever did in my life but yet i might as well be back to 30k a year.
Back of freaking chips is $7! Make it make sense.

[josebentontenvo]

This guy is not there to fix the economy but make money 🤑💰

[snapfinger]

A single September cut was predicted by nearly all. A last minute effort to salvage Harris/Yellen.

[HermitDude]

We've been in Recession for the past 9 months ..
Look at the numbers after all the revisions 🎉
Next stop, Depression 🎉

[Letsdothis]

What’s the unemployment rate without the added government employees that were added this month and last?

[utyxzbb]

THE RICH GET RICHER, POOR GET POORER! THEN WHEN WERE ALL WEAK ENOUGH THEY WILL RUN US OVER

[sandyparthree]

What planet is this guy on, cause surely he's not talking about the USA!

[Inglewood]

I work for mercury marine boat motor company and they are taking 8 to 10 weeks out of are schedule till the end of year. This is nothing but lies

[PS-jsoh]

Just passed 35 trillion in debt ...there Jerome. The interest on that ALONE will anchor any gains. Adding anymore inflation to that and you're at 40 trill. faster. This doesn't end well.

[Salimmmm]

We gained more confidence but we are waiting for more good data to gain more confidence and once we gain more confidence we will wait for more good data to you know 😂😂😂😂😂

[tuffdawg]

Get this Americans if our government would budget be completely out of debt had 30% savings of GPA today you could have a big family, new house, new car on one income in household because your American dollar would be strong and over worth twice it is today, demand politicians to budget for God's sake stop wars stop the waste making Americans poorer

[ivabrennan]

I truly like to know who exactly this is benefiting, because the working class our pay rate has not increased. We’re still working check to check because everything is so freaking high. and you want to say our economy is great for who?

[Taft]

They’re pissing on our faces and telling us it’s rain!

[psxwztw]

oil, food, houses etc. are very expensive what he is talking about and It's hard to find a job now a days

[dietmarstahl]

They never cut, Powell is so so Dovish and unamerican.

[SantosSantos-bfsz]

Powell wants to help all Americans, especially the poorest. Every reporter, in every FOMC meeting only cares about one thing, lower interest rates to fuel the Bull Stock Market. How did this come about?

[ifemstd]

Lol. First question is fixed. Everything in this country is fixed

[daveh]

So none of the expected 4 cuts in 2024.... 😂😂