Lates News

Ryan Detrick, Chief Market Strategist at Carson Group: The Federal Reserve did not take any aggressive measures. The market widely expected them to stay put. In fact, we may have to wait until after Powell steps down as chair of the Federal Reserve in May to see any rate cuts. The potential good news is that they did mention some positive factors in the labor market, but inflation is clearly a concern. Just look at the soaring prices of commodities we have seen recently.