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Fed Leaves Rates Unchanged: Live Coverage of Powell Press Conference

Federal Reserve officials maintained their outlook for three quarter-point rate cuts this year but forecast fewer cuts than before in 2025 following a recent uptick in inflation. Rates were left unchanged. Chair Jerome Powell says: -inflation remains too high -rate are likely at their peak -growth has been solid -economy is strong #fed #economy #stockmarket #business #politics Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with us on... Twitter: / business Facebook: / bloombergbusiness Instagram: / bloombergbusiness LinkedIn: / bloomberg-news TikTok: / bloombergbusiness Connect with Bloomberg Television on: Twitter: / bloombergtv Facebook: / bloombergtelevision Instagram: / bloombergtv

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