🌟 [ 8 ]   Fed Balks At Interest Rate Cuts, But Says Hikes Unlikely [ @Adam Taggart ]

WORRIED ABOUT THE MARKET? SCHEDULE YOUR FREE PORTFOLIO REVIEW with Thoughtful Money s endorsed financial advisors at [ 🔗 Click ‼️ ] Yesterday, May 1 2024, the Federal Reserve issued its latest policy statement, followed by a press conference by Fed Chair Jerome Powell. The Fed held its policy interest rate steady at 5.25%, as expected. Somewhat surprising to Wall Street was the Fed s announcement that it will reduce the scope of its Quantitative Tightening program starting in June. US Treasury roll-off will be reduced to $25 billion per month, down from the current $60 billion per month. Above and beyond that, Jerome Powell admitted that inflation is proving more stubborn to tame than the Fed hoped at the start of the year, and that getting it down sustainably to the Fed s 2% target will take longer than previously expected . This essentially is admitting that interest rates will stay high for EVEN longer. In this video, Fed-watcher Axel Merk of Merk Investments joins Thoughtful Money host Adam Taggart to provide an immediate reaction to the Fed s guidance and take live Qu0026A from the viewing audience. #interestrates #inflation #federalreserve _ Thoughtful Money LLC is a Registered Investment Advisor Solicitor. We produce educational content geared for the individual investor. It’s important to note that this content is NOT investment advice, individual or otherwise, nor should be construed as such. We recommend that most investors, especially if inexperienced, should consider benefiting from the direction and guidance of a qualified financial advisor in good standing with the Financial Industry Regulatory Authority (FINRA) who can develop u0026 implement a personalized financial plan based on a customer’s unique goals, needs u0026 risk tolerance. IMPORTANT NOTE: There are risks associated with investing in securities. Investing in stocks, bonds, exchange traded funds, mutual funds, .

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🌈 🔎 FedBalksAtInterestRateCutsButSaysHikesUnlikely 🌈