Fed Chair Powell: Interest rates hold steady

Fed Chair Powell: Interest rates hold steady

Federal Reserve Chair Jerome Powell announced Wednesday that interest rates remail steady. The risk for higher inflation and unemployment rates has increased, though, according to Powell. "Despite heightened uncertainty, the economy is still in a solid position," Powell said during a news conference, referring to President Trump's tariffs. Barron's Paul La Monica joins LiveNOW's Andy Mac to break down this announcement and other economic headlines.

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