The Federal Reserve decided to keep rates unchanged at the latest FOMC meeting but provided guidance that more rate increases might be on the way. What does this mean for stocks? In this episode we break down what Fed Chair Jerome Powell’s comments mean, the impact they are likely to have on stocks, and what we should do about it as investors.
00:00-The latest FOMC meeting kept rates unchanged
02:13-Fed Chair Jerome Powell on the labor market
05:24-The Fed’s plan to get inflation down
07:40-What to expect as it relates to interest rates and stocks
11:27-So what should investors do about it?