The U.S. Federal Reserve announced Wednesday that it will keep its benchmark interest rate unchanged at 5.25 to 5.50 per cent. Fed Chairman Jerome Powell has indicated a potential rate cut might come at the next policy meeting in September.

Stockhouse recently sat down with Albert Mason, a prominent financial advisor with Raymond James. Mason has also worked with industry giants such as Merrill Lynch and JP Morgan. His wealth of knowledge and expertise brings a fresh perspective to tailored financial strategies for his client’s portfolios.

Check out the video above to hear Mason break down what the Fed’s hold-steady-for-now approach means. Mason also talks about what analysts forecast for September and what strategies you should consider for your portfolio.

Be sure to stay up to date on all the latest stock market news at Stockhouse.com.

Join the discussion: Find out what everybody’s saying about the Federal Reserve rate cuts and more by checking out Stockhouse’s stock forums and message boards.

The material provided in this article is for information only and should not be treated as investment advice. For full disclaimer information, please click here.

More From The Market Online

@ the Bell: Markets slip as tech and mining weigh on indices

Domestic equity markets fell on Thursday, led by losses in mining and technology shares. The pullback...
Microsoft Vancouver office building

Microsoft shares drop as slowing cloud growth overshadows strong earnings

Microsoft (NASDAQ:MSFT) shares fell about 10 per cent after earnings, as investors focused on slowing Azure cloud growth.

OpenText selects global tech leader as new CEO

OpenText (TSX/NASDAQ:OTEX) will appoint IBM veteran Ayman Antoun as board member and chief executive officer on April 20, 2026.

Market Open: Caterpillar Earnings Lift Shares, Big Tech Spending Dominates | Jan 29th

TSX rises as Caterpillar beats earnings and Meta boosts AI spending. Gold tops $5,500, copper surges, and markets digest major tech results.