Federal Reserve Holds Interest Rates Steady as Gas Prices Spike

From TODAY.

As gas prices in the United States skyrocket, the Federal Reserve voted to hold interest rates steady on Wednesday and appeared to take a wait-and-see attitude on how the war in Iran will further impact the economy. NBC’s Brian Cheung joins TODAY to break down what Fed chair Jerome Powell addressed about oil costs and affordability concerns.

» Subscribe to TODAY: https://www.youtube.com/@TODAY

TODAY brings you the latest headlines and expert tips on money, health and parenting. We wake up every morning to give you and your family all you need to start your day. If it matters to you, it matters to us. We are in the people business. Subscribe to our channel for exclusive TODAY archival footage & our original web series.

Connect with TODAY Online!
Visit TODAY’s Website: https://www.today.com/
Find TODAY on Facebook: https://www.facebook.com/today
Follow TODAY on Twitter: https://twitter.com/TODAYshow
Follow TODAY on Instagram: https://www.instagram.com/todayshow/

» Stream TODAY All Day: https://www.today.com/allday
About: TODAY All Day is a 24/7 streaming channel bringing you the top stories in news and pop culture, celebrity interviews, cooking, and more. All in one place.

#federalreserve #interestrates #economy