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  • 2 days ago
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00:00Well, pretty much as expected, John, no change in rates.
00:05And the Fed leaves open the option of cutting rates in the future.
00:08Stephen Myron and Chris.
00:10Waller dissent in favor of a rate cut.
00:12Michelle Bowman does not.
00:14Waller's.
00:15Dissent, of course, could be read as an effort to retain his place as a finalist to replace
00:19J.
00:20Waller later this year.
00:21The statement keeps the line about considering the extent and.
00:25Timing of additional adjustments to the target range, suggesting more rate cuts are.
00:30Possible.
00:30There's no hint, however, of what that would lead them to do that.
00:35Or when the economic assessment is very short and relative to recent.
00:40Stay slightly positive.
00:42Available indicators suggest that economic.
00:45Activity has been expanding at a solid pace, it says.
00:48Job gains have remained low.
00:50And the unemployment rate has shown some signs of stabilization.
00:54Inflation remains.
00:55Inflation remains somewhat elevated.
00:57The officials say uncertainty about the economic.
01:00Outlook remains elevated, but they don't emphasize jobs as they have the last three states.
01:05Statements or inflation as the major concern.
01:09The committee is attentive.
01:10To the risks to both sides of its dual mandate, the statement says.
01:13The open market desk at the.
01:15New York Fed is again told to maintain an ample level of reserves by buying treasury bills.
01:20Or, if necessary, maturities of up to three years or less.
01:24It's all about.
01:25As plain vanilla as you can get, which shifts the focus, of course, to Chairman Powell's.
01:30News conference at the bottom of the hour.
01:32What does he say about the future of interest rates?
01:35And what does he say about his future as a member of the Fed?
01:39Stay tuned.
01:40The time.
01:40The time.
01:40The time.
01:41You keep moving.
01:41The time.
01:42It's all about you.
01:42Dayana 거�ум�El.
01:43The time.
01:45Full story of interest rates.
01:46The time.
01:47The time.
01:47Hey.
01:47It's all about you.
01:49That's great.
01:50celebrities.
01:51Just as well.
01:52Play a closeout.
01:56You try بن ways.
02:01It's all about him.
02:03Have a good week.
02:06I was surprised amongst it.
02:07ichts akabouroi.
02:08It was a wonderful day.
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