Today the Federal Reserve cut interest rates by 0.25%. That choice was made, not because the US economy is great but because the Fed is concerned about the weakening jobs market. During his press conference to explain the rate cut decision, Fed Chairman Jerome Powell talked about the need to prop up the job market to ensure people can find a job and ensure wages continue to keep up with inflation. He also made it a point several times to mention that President Trump’s tariffs are absolutely cont

881K views · 18K reactions | The Federal Reserve held interest rates...

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92K views · 1.4K reactions |  Delve into the Gold Outlook: Has the Fed ended the rate hike? Join us on October 10th, 2024, at 07:30 PM GMT+5 to explore the current economic impact on XAUUSD, fundamentals of gold, and potential price movements ahead. Don’t miss out—register now: https://marketing.exness.global/gold-market-outlook/en-pk/ | Exness | Facebook