Dow Jones stocks edged higher in the stock market today as investors awaited Powell's remarks and earnings from three tech titans.
Fed chief Jerome Powell refused to be drawn into talking about President Trump during his press conference. "I am not going to have any response or comment on what the president said," Powell said. "It's not appropriate for me to do so.
The Federal Reserve is widely expected to keep interest rates unchanged as its two-day policy meeting concludes on January 29. Investors are nearly unanimous in anticipating that the Fed will maintain rates within the current 4.
Nasdaq 100 dips as Powell’s Fed decision, Nvidia’s AI battle, and key earnings from Microsoft, Tesla, and Meta set the market tone. Volatility ahead!
Federal Reserve Chair Jerome Powell says that the central bank is still waiting to see what policies the Trump administration will implement before it comes to a firm view of their likely economic effects,
Federal Reserve interest rate decision, Jerome Powell comments, PCE inflation, U.S. GDP, and earnings from Tesla, Meta, Microsoft, Apple and more.
Federal Reserve Chair Jerome Powell defended the central bank’s allocation of resources in the face of calls to slim down government agencies. Last month, the billionaire Elon Musk, who has been tasked with cutting costs in the federal government,
Investors react to the Federal Reserve's policy decision and Chairman Jerome Powell's press conference, as well as results from Meta, Microsoft and Tesla.
The Federal Reserve announces its decision on interest rates at 2 p.m. Fed Chair Jerome Powell speaks shortly thereafter. Live updates on stocks, bonds and markets, including the Dow Jones Industrial Average,
Fed rate decision, stock market updates: Dow, Nasdaq, S&P 500 slip, Nvidia falls as Fed leaves rates unchanged Tech stocks led markets lower on Wednesday as the broader mood stayed muted after the Federal Reserve's latest interest rate decision saw the central bank keep rates unchanged in a range of 4.25%-4.5%.
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.
The US Federal Reserve decided to hold its key interest rate steady on Wednesday (January 29), maintaining it in the range of 4.25%-4.5%. The decision by the central bank’s Federal Open Market Committee (FOMC) came as anticipated,