By Alric Lindsay On July 31, 2024, the chairperson of the United States Federal Reserve, Jerome Powell, announced that interest rates would remain the same, meaning they would stay “higher for longer.” This announcement surprised market stakeholders, as positive...
Federal Reserve
In a semi-annual monetary policy report to the United States Congress dated July 9, 2024, the Federal Reserve Chairperson Jerome Powell noted that the Fed’s “inflation goals are coming into better balance.” While stakeholders expected this “better balance” would...