Investing.com - Financial Markets Worldwide
Get 40% Off
Get 40% Off
🤯 Perficient is up a mind-blowing 53%. Our ProPicks AI saw the buying opportunity in March.Read full update

WATCH LIVE: Fed Chair Jerome Powell Holds Press Conference

AuthorFrank DeMatteo
Published 01/31/2024, 02:13 PM
© Reuters

Federal Reserve Chairman Jerome Powell answers reporters' questions following the FOMC's decision on interest rates. -- Jan. 31, 2024

Latest comments

So, what I'm getting from hi speech is that Powell will not cut rates unless there is deflation. The economy is doing fine, so there isn't an issue and there doesn't need to be a rate cut to help the ecomomy.
the unemployment rates over the last six months from the individual states have been going higher month over month - it's only the cooked unemployment figures from the Fed government that is invariably changed months after, that is showing low unemployment that is not growing.
Timaros the plant provides Powell a question that he's already entirely prepared for - all a big charade
there is a reason they hired a lawyer as Fed Chair. To lie beautifully.
He just indicated maybe higher for longer! Yay! I have some CDs to rollover soon :))))))
sounds like an Ad.
Immigration has returned to pre-pandemic levels! Powell make joke! lol
"immigration has returned to pre pandemic levels" - Powerll - I don't think so!!!! who's he kidding?
CTAs are set to not buy and only now to sell - and the more the market drops, the more the CTAs are programmed to sell - possibly Friday or next week, we'll start to see serious drops in the US stock market - only being held up by a handful of stocks - it's clearly not a bull market when only a handful of stocks have rallied over the past two to three months and rest of the S&P 493 stocks are flat to down for the past twelve months - that's a hyped up, bear market rally!!!
funny how the words of one man can move the US markets more than all the war going on in the Middle East even though already the inflation in the pipeline because of Houthi attacks is going to be massive - but not at all priced in - shipping rates have doubled or quadrupled on some routes - and lead times are having to be massively extended and extra storage and insurance costs due to the vast majority of ships that used to use Suez are now having to go all the way around the Horn of Africa - the market is totally ignoring all of that for now - as they also ignore Germany and China in a recession and the Chinese economy totally toast. the market will awaken with an insider rug pull
suez canal gets 12% of world trade...it's not that bad
Install Our App
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.