Fed's Caution on Interest Rates Amid Inflation Concerns

Reported about 16 hours ago

As the Federal Reserve maintains steady interest rates, Chair Jerome Powell warns of increasing risks related to unemployment and inflation. Portfolio Manager Kelsey Berro discusses the Fed's measured response to current economic conditions and hints at the possibility of future rate cuts if negative data emerges, emphasizing the need for caution given persistence of inflation above target levels.

Source: YAHOO

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