Fed's Powell claims a September rate cut could be on the table
The Federal Reserve decided to keep interest rates unchanged coming of out the central bank's two-day policy meeting, followed by a press conference from Chair Jerome Powell, who spoke about the economy and the Fed's target goal of 2% inflation, making mention that a September rate cut could be on the table.
Yahoo Finance Fed reporter Jennifer Schonberger joins Market Domination to break down Powell's comments and what it means for the Fed moving forward.
For more expert insight and the latest market action, click here to watch this full episode of Market Domination.
This post was written by Nicholas Jacobino