Fed hold rates steady, sees inflation as 'elevated,' as Powell declines comment on Trump
The Federal Reserve left its benchmark interest rate unchanged Wednesday after cutting it three times in a row last year, a sign of a more cautious approach as the Fed seeks to gauge where inflation is headed and what policies President Donald Trump may pursue.
U.S. stocks are paring their earlier losses as Fed Chair Jerome Powell kicks off Wednesday's press conference with his prepared remarks. Both the Dow and S&P 500 bounced off of session lows, and the ...
Powell Won’t Say When the Fed Will Cut Rates. The S&P 500 and Nasdaq Are Holding Onto Record Levels.
The stock market wasn’t going much of anywhere as Federal Reserve Chair Jerome Powell testified at a Senate hearing. Powell continued to point to a need for more signs that inflation is coming ...
Solid results from Apple are buoying spirits, as investors brace for PCE inflation and weigh Trump's renewed tariff threat.
Investors react to the Federal Reserve's policy decision and Chairman Jerome Powell's press conference, as well as results ...
US stocks were higher on Thursday, with the S&P 500 closing at a record high for ... that he would consider talking to Fed Chairman Jerome Powell about interest rates, and that he would expect ...
The Dow, S&P 500 and Nasdaq fell Wednesday as the stock market reacted to the Fed's latest rate decision and earnings from Big Tech.
But Federal Reserve Chair Jerome Powell in a press conference Wednesday ... Stocks plunged on the news, with the broad-based S&P 500 tumbling 3%. The Dow lost more than 1,100 points, falling ...
Federal Reserve Chair Jerome Powell has steered the world’s most powerful central bank during a tumultuous period for the US economy, from the pandemic to a historic bout of inflation shortly ...
The US Federal Reserve decided to hold its key interest rate steady on Wednesday (January 29), maintaining it in the range of ...
The U.S. stock market’s so-called fear gauge was rising Wednesday as investors await the outcome of the Federal Reserve’s policy meeting. The CBOE Volatility Index, which trades under the ticker VIX, ...
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