Federal Reserve keeping interest rates the same, for now

Name: Federal Reserve keeping interest rates the same, for now
Uploaded: 2024-03-21T09:09:00-0400
Duration: 5 min 3 s
Description: Fed Chair Jerome Powell announced Wednesday the federal funds rate will stay in the 5.25% to 5.5% range. What does that mean for the economy and borrowers?

Fed Chair Jerome Powell announced Wednesday the federal funds rate will stay in the 5.25% to 5.5% range. What does that mean for the economy and borrowers?