Are you curious about the latest updates from the Federal Reserve and how they affect your investments? Well, you’re in luck because Federal Reserve Chair Jerome Powell recently spoke to business leaders in the Dallas-Forth Worth area about monetary policy. This speech was followed by a question and answer session, providing valuable insights into the Fed’s decision-making process.
In case you missed the live stream, don’t worry, we’ve got you covered with all the key highlights. Powell’s speech comes on the heels of the Fed’s recent decision to lower interest rates by a quarter percentage point, following a half-point cut in September. This has left the federal funds rate in a range between 4.5% to 4.75%.
What’s particularly intriguing is the latest economic readings showing that inflation remains persistent, with consumer price inflation at 2.6% and wholesale prices at 2.4%. Core inflation, which excludes food and energy costs, is even higher. With these numbers in mind, the markets are anticipating another rate cut in December, followed by a pause in January as officials evaluate the impact of previous easing measures.
If you’re looking for more insights into this topic, be sure to check out our exclusive articles on annual inflation rates, the Fed’s response to President Trump, and why inflation is still a significant concern. Stay informed and stay ahead of the game by subscribing to our YouTube channel for more expert analysis and tips on navigating the world of finance.
At Extreme Investor Network, we strive to provide you with the most relevant and up-to-date information to help you make informed decisions about your investments. Trust us to keep you informed and empowered in the ever-evolving financial landscape.