Federal Reserve Pauses Interest Rates: What It Means for Your Wallet #shorts #economy

Good news for your wallet! The Federal Reserve has paused its interest rate hikes and is optimistic about the U.S. economy. The Fed now projects a 2.1% economic growth for this year, more than double its June 2023 forecast. It also expects the unemployment rate to stay at 3.8%, lower than a previously projected 4.1%. The Fed is confident that the U.S. will avoid a recession until at least 2027.

from Crypto Bookworm https://www.youtube.com/watch?v=Jrpy_ts9tJY