HomeMarketsU.S. Economy & JobsThe Fed Created Sticky Inflation That Isn’t Budging

The Fed Created Sticky Inflation That Isn’t Budging

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

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