Kitco NEWS | Fed Holds & Signals Just One Cut in 2024 After ECB & BoC Ease, Powell Explains Why U.S. Isn’t Ready @kitco | Uploaded June 2024 | Updated October 2024, 8 hours ago.
Federal Reserve Chair Jerome Powell speaks to reporters after the U.S. central bank held rates steady at the end of its two-day policy meeting. Powell explains why the Fed is now signaling only one rate cut this year, which is down from three cuts forecasted in March. Powell gives an update on the U.S. macroeconomic outlook, including inflation, GDP growth, and unemployment. Fed Chair also comments on the balance of risks, including banking and housing sectors.
#Fed #Powell #economy #rates
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Federal Reserve Chair Jerome Powell speaks to reporters after the U.S. central bank held rates steady at the end of its two-day policy meeting. Powell explains why the Fed is now signaling only one rate cut this year, which is down from three cuts forecasted in March. Powell gives an update on the U.S. macroeconomic outlook, including inflation, GDP growth, and unemployment. Fed Chair also comments on the balance of risks, including banking and housing sectors.
#Fed #Powell #economy #rates
Follow Kitco News on X: @KitcoNewsNOW (twitter.com/kitconewsnow)
__________________________________________________________________
Kitco News is the gold standard in precious metals, commodities, cryptocurrencies, mining, and financial news.
SUBSCRIBE to our channel to stay up to date on the latest market and industry news.
For breaking news, views, charts, and data on precious metals, cryptocurrencies, and financial markets - visit us at kitco.com
To get market updates on the go, download the Kitco Gold Live! APP - applications.kitco.com
Stay connected:
Twitter - twitter.com/kitconewsnow
Instagram - instagram.com/kitconews
Facebook - facebook.com/KitcoNews
LinkedIn - linkedin.com/company/kitconews
StockTwits - stocktwits.com/kitconews
Live gold price and chart: kitco.com/gold-price-today-usa
Live silver price and chart: kitco.com/Silver-price-today-USA
Live crypto market data: kitco.com/price/crypto
Learn more about Kitco News: kitco.com/news/about
For more information on advertising, sponsorship and marketing promotions – please visit our online media kit at: kitco.com/advertising
Disclaimer: The videos are not intended to provide trading advice, and the views expressed do not necessarily reflect those of Kitco Metals Inc. Kitco News, its anchors, producers, and reporters are not responsible in any way for the performance or actions of any sponsor, advertiser or affiliate of Kitco News. In no event will Kitco and its employees be held liable for any indirect, special, incidental, or consequential damages arising out of the use of the content in this video.
