The Fed leaves rates unchanged. Jeff Klingelhofer discusses this, as well as takeaways from Jerome Powell’s commentary. He notes that he believes it was a policy mistake earlier this year to signal potential cuts. He talks about how the Fed has created a sticky form of inflation that isn’t budging. He then goes over investing strategies to consider in a continuing high-rate environment. Tune in to find out more about the stock market today.
Market On Close
01 May 2024
SHARE