The U.S. Interest Rate Problem Just Got Worse
Inflation is biting again in the U.S. and Jerome Powell has a tough decision to make. The Federal Reserve has promised three interest rate cuts in 2024, but the data is really telling them to hold station.
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★ ★ CONTENTS ★ ★
0:00 Jerome Powell on Rate Cuts
1:15 Interest Rates and Inflation
3:40 New Inflation Data from BLS
6:30 What the Fed is Scared Of
7:30 Don't Get Excited
9:54 Political Pressures
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Brandon van der Kolk is authorised to provide general financial product advice in Australia and is an Authorised Representative (Number 1305795) of Guideway Financial Services Pty Ltd, AFSL Number 420367. Any advice is general & does not consider your financial situation, needs or objectives so consider whether it's appropriate for you. Read Brandon's Financial Services Guide available from https://guideway.com.au/NewMoney.pdf. Past performance is not a reliable indicator of future investment returns.
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