FBC After The Bell July 13, 2024
New york stock exchange, and Hillary Vaughn on capitol hill. Lets start with edward, investors seem to like what chair powell had to say. Reporter yeah, just somewhat, right . 29 or so points, somewhat like it lauren. The Federal Reserve chairmans touted this very Strong Economy that were in right now. Even at one point, signaled taking credit for keeping the expansion going through the rate cuts they made, powell said it was a difficult year where the fed reversed course. Weve cut rates three times since july. Thats 75 basis points worth of cuts and we do believe that Monetary Policy operates...