Monday, July 22, 2024

Learn More about WPBS Passport! Click Here

HomeVideoInterest rates remain unchanged, but Federal Reserve signals cuts coming in 2024

Interest rates remain unchanged, but Federal Reserve signals cuts coming in 2024

The Federal Reserve opted to leave interest rates unchanged, but Fed Chairman Jerome Powell suggested there may be as many as three rate cuts next year. Powell said rate hikes appear to be over for now and the economy is well positioned for a so-called “soft landing.” Stephanie Sy discussed more with economist Julia Coronado of MacroPolicy Perspectives.

Stream your PBS favorites with the PBS app: https://to.pbs.org/2Jb8twG
Find more from PBS NewsHour at https://www.pbs.org/newshour
Subscribe to our YouTube channel: https://bit.ly/2HfsCD6

Follow us:
TikTok: https://www.tiktok.com/@pbsnews
Twitter: http://www.twitter.com/newshour
Instagram: http://www.instagram.com/newshour
Facebook: http://www.pbs.org/newshour

Subscribe:
PBS NewsHour podcasts: https://www.pbs.org/newshour/podcasts
Newsletters: https://www.pbs.org/newshour/subscribe