In a shocking turn of events, the Federal Reserve has decided to cancel its planned rate cut, causing the stock market to plummet and sending shockwaves through the financial world. The decision comes after months of speculation and anticipation regarding the potential rate cut, with many experts predicting that it would happen to help stimulate the struggling economy.
The announcement was made by Federal Reserve Chairman Jerome Powell in a press conference earlier today, where he cited concerns about inflation and the overall health of the economy as reasons for the decision. This move has caught many by surprise, as just last month the Fed had signaled that a rate cut was likely on the horizon.
The immediate impact of the decision has been felt across the global markets, with stock prices dropping sharply and investors scrambling to adjust their portfolios. The uncertainty surrounding the Fed’s decision has also led to a surge in volatility, with many fearing that more drastic changes could be on the horizon.
As a result of this sudden reversal by the Fed, major changes are expected to occur in the coming weeks and months. Many businesses and individuals who were counting on a rate cut to boost their finances will now have to rethink their strategies and prepare for a more challenging economic environment.
Additionally, the cancellation of the rate cut is likely to have far-reaching effects on the housing market, with mortgage rates expected to rise in response to the Fed’s decision. This could make it more difficult for prospective homebuyers to secure financing and could slow down the overall pace of the housing market.
Overall, the aftermath of the Fed’s decision to cancel the rate cut is likely to be felt for some time, as businesses and investors adjust to the new economic landscape. While the full extent of the impact remains to be seen, one thing is certain – major changes are ahead for the economy in the wake of this unexpected development.
BREAKING: Recession News
LEARN MORE ABOUT: Bank Failures
REVEALED: Best Investment During Inflation
HOW TO INVEST IN GOLD: Gold IRA Investing
-Thanks to Dropbox for sponsoring this video: https://www.dropbox.com/grahamstephan
-Jerome Powell Today: "An interest rate cut as soon as in March is unlikely."
-Here is a link containing the source material for each piece of research cited. I do my best to make my videos as accurate as I can, and the additional resources should help anyone who wants to look into them further – enjoy! https://docs.google.com/spreadsheets/d/1FVp_cvDUTy39qigQWE8dCx1kY0GD9cqU5rPrjWazr3c/edit?usp=sharing
Graham is a greedy clickbaiter scammer, i hope people wake up to see who he really is
Rates move the scales balancing the bond and stock market.
When cuts are forecast, or happen, money moves from bonds to stocks.
When hikes are forecast, or happen, money moves from stocks to bonds.
The rally since November is the former, watch CPI, PPI, and PCE to predict the future.
The urge for homeowners to sell is merely current pricing, the speed of closure is still the lack of supply.
Investment firms will hold back supply to enhance profit.
Banks will lower rates to improve their own standing in the stock market given their mark-to-market bond losses.
There, fixed that for you.
Bro is giving us data from big banks who ALWAYS lie to rake in money. And Zillow? lol ok MSM who’s next? Clinton?
Hey @YouTube, would you mind doing some actual work for your creators and remove all these obvious bots spamming crap?
oh no! we are all poor!!!! get out now!
90% of the comments here are bots. Is anyone here an actual human?
0% chance any of this is getting better within 12 months. I like your positive attitude and optimism, but much of this is speculation. supply and demand drives markets
nice hand gestures