Kitco NEWS | Fed's Half-Point Cut: Aggressive Rate Cut Is 'Our Commitment Not to Fall Behind' – Jerome Powell @kitco | Uploaded September 2024 | Updated October 2024, 10 hours ago.
Federal Reserve Chair Jerome Powell speaks to reporters on Wednesday, September 18, after the U.S. central bank cut rates by 50 basis points – the first rate cut since 2020. Powell says the size of the rate cuts represents the Fed's commitment not to fall behind. He also weighs in on the Fed's updated balance of risks. Powell answers questions about what was discussed during this FOMC meeting and the key data the Fed is watching for the next November meeting. He also gives his outlook on the U.S. economy, employment, and price pressures.
#Fed #Powell #economy #inflation #employment
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Federal Reserve Chair Jerome Powell speaks to reporters on Wednesday, September 18, after the U.S. central bank cut rates by 50 basis points – the first rate cut since 2020. Powell says the size of the rate cuts represents the Fed's commitment not to fall behind. He also weighs in on the Fed's updated balance of risks. Powell answers questions about what was discussed during this FOMC meeting and the key data the Fed is watching for the next November meeting. He also gives his outlook on the U.S. economy, employment, and price pressures.
#Fed #Powell #economy #inflation #employment
_________________________________________________________________
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.
