After three straight interest rate cuts, the federal reserve hitting the pause button today on rates.
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00:00After three straight interest rate cuts the Federal Reserve hitting the pause button today on rates
00:06holding them in place in its first meeting this year a statement referred to the job market as solid noting unemployment has
00:13Stabilized at a low level and most importantly that inflation quote remains
00:19Somewhat elevated Fed Chair Jerome Powell saying the Fed is focused on seeing real progress on
00:25Inflation adding he's had no contact with President Trump regarding interest rates