Jerome Powell LIVE: Federal Reserve Bank Interest Rate Decision | FOMC Meeting | US Market | IN18L

US Fed Rate Decision Live Updates: All eyes on FOMC meeting and Powell’s comments | CNBC TV18
Federal Reserve Chair Jerome Powell gives a news conference after the Open Market Committee decides on interest rates, following their two-day meeting. The US Federal Reserve’s Federal Open Market Committee (FOMC) will decide on the next course of action in America’s monetary policy, today. Fed Chair Jerome Powell will announce the decision to cut or raise interest rates, or to maintain the status quo
The Federal Reserve meets this week for the first time since recent high inflation readings dampened hopes that the central bank would lower interest rates three times this year.
The prospect of three rate cuts had juiced the stock market and led analysts to boost their 2024 economic growth forecasts.
Though stocks initially tumbled following the disappointing inflation reports, they’ve partly rebounded the past week on strong earnings from Big Tech companies.
At the close of a two-day meeting that starts Tuesday, the Fed was expected to keep its key short-term interest rate unchanged at a 23-year high of 5.25% to 5.5%. Fed officials aren’t scheduled to update their March forecasts on the economy, inflation and rates. But Fed Chair Jerome Powell could provide clues on where he thinks interest rates are headed.
#JeromePowell #FederalReserveBank #FOMC #USMarkets #LiveNews #CNBCTV18

[baibamennika]

Is in it wages if they are correctly reported very important index to be considered?

[baibamennika]

Which sectors contributed to that grouth mostly? People say government jobs and military..true?

[kbsantana]

I would like the feds to tell me how raising interest rates has help the economy? Where in this Harry Potter worlds the 7% rate has helped towards the economy.

[wtsfinu]

Wednesday was a volatile roller-coaster day that ultimately closed near the lows of the day. More numbers are out tomorrow morning and Friday morning. The indices are between critical levels. Be patient. It may be Friday afternoon before a more high confidence view can be had. Dow levels to watch 37611.56 38575.11 39925

[guorik]

what a dumb arzs...prices once go up will neva come down ever.

[Mark-mzq]

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