In their latest public statements, Jerome Powell and the Federal Reserve signaled that interest rates will likely remain higher for longer.
*Stock prices used were the afternoon prices of Dec. 16, 2024. The video was published on Dec. 18, 2024.
About the Author
A Fool since 2019, and a graduate of Cal State LA with a B.S. in Finance and M.A. in Economics. Parkev is an adjunct professor of Finance and enjoys reading about financial and economic history. You'll often find him writing about stocks in the consumer goods and technology sectors.
