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Fed's Powell on inflation: It will take longer to reach point of confidence to cut rates

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Yahoo Finance

Federal Reserve officials have voted to hold interest rates steady, again. Yahoo Finance's Federal Reserve reporter, Jennifer Schonberger, joins Market Domination to provide an indepth analysis of Federal Reserve Chair Jerome Powell's press conference. Schonberger highlights a notable shift in Powell's previously dovish messaging, with the Fed official emphasizing more progress on the inflation front will be needed before embarking on a ratecutting cycle.
#youtube #Fed #stockmarket

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