Reported about 18 hours ago
In his January comments, Federal Reserve Chair Jerome Powell affirmed that interest rates will remain unchanged, indicating that the bank is not rushing to modify its fiscal policy for 2025. Portfolio manager Kelsey Berro highlights three main takeaways from Powell's press conference, emphasizing that while the policy remains less restrictive than before due to a one percentage point drop in the Fed funds rate, it is still viewed as restrictive.
Source: YAHOO