When Will Interest Rates Go Down? Fed Holds Rates At 23-Year High Yet Again from cafeteria chairs Watch Video

⏲ Duration: 49:11
✓ Published: 03-May-2024

Description:
The Federal Reserve announced Wednesday it will keep interest rates at a 23-year high, after a spate of worse-than-forecasted inflation data evaporated hopes for a sizable pivot in monetary policy this year.<br/><br/>On Wednesday, Fed. Chair Jerome Powell held a press briefing. <br/><br/>READ MORE: https://www.forbes.com/sites/dereksaul/2024/05/01/when-will-interest-rates-go-down-fed-holds-rates-at-23-year-high-yet-again/?sh=3098e87c5f05<br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/><br/>Stay Connected<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com