Dow Jones stocks edged higher in the stock market today as investors awaited Powell's remarks and earnings from three tech titans.
It wasn't the same Fed Chair Jerome Powell who shook markets in December with a hawkish stance that unsettled investors.
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.
Federal Reserve Chair Jerome Powell pushed back on billionaire Elon Musk's claim the central bank is "absurdly overstaffed," saying the Fed has a careful budget process.
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 interest rate decision, Jerome Powell comments, PCE inflation, U.S. GDP, and earnings from Tesla, Meta, Microsoft, Apple and more.
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.
Gift Nifty indicated a muted start for the Indian stock market indices. Asian markets dipped, while the US stock market ended lower overnight as investors reacted to the US Fed’s interest rate decision and quarterly earnings from Microsoft,
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,
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,