Dan Varroney and Lydia Mashburn Newman join LiveNOW’s Andrew Craft to discuss the Federal Reserve’s decision to keep interest rates steady.
Federal Reserve cuts interest rates by half-point
The Federal Reserve announced a long-awaited interest rate cut, lowering the benchmark rate by 50 basis points from what was the highest level in 23 years as the central bank eased borrowing costs following progress in the fight against inflation. LiveNOW’s Andrew Craft spoke about the rate cut with economic experts, Paul Mueller and Dan Varroney.
Federal Reserve holds interest rates steady
The Federal Reserve on Wednesday held interest rates steady for the seventh straight time and scaled back the outlook for rate reductions later this year as high inflation lingers. Posted June 12, 2024 8:30pm EDT
April Jobs Report: 175,000 jobs added
US job growth slowed considerably last month, with just 175,000 positions added in April, according to Bureau of Labor Statistics data released Friday.
March jobs report shows 303,000 jobs added last month
Dan Varroney of Potomac Core notes that inflation climbs faster than expected in December
Economic panel Federal Reserve holds interest rates steady
Dan joins Andrew Craft to discuss the recent Jobs report and what is means for the future
Dan joins Andrew Craft to discuss recent Fed increases to interest rates by 25 basis points
