Jerome Powell Isn’t Moving on Rates or Politics

Jerome Powell Isn’t Moving on Rates or Politics

With rates on hold, Powell said little to juice headlines.

Dow Futures Down 150 Points After Fed Leaves Rates Unchanged, Investors Fixate On Big Tech Earnings: Gold Sets A New Record - Apple (NASDAQ:AAPL), Lockheed Martin (NYSE:LMT)

U.S. stock futures are in the red on Wednesday evening after the Federal Reserve decided to leave interest rates unchanged during its January FOMC meeting. The tech earnings cycle was off to a mixed start, led by Microsoft Corp. (NASDAQ:MSFT) and Meta Platforms Inc. (NASDAQ:META). The S&P 500 Futures are down 0.26%, or 18 points, trading at 6,989.00, followed by Nasdaq Futures at 26,098.50, down 0.22%, or 55.75 points and finally Dow Futures, tr…

Fed leaves rates unchanged; sees 'somewhat elevated' inflation and stabilizing job market

The Federal Reserve held interest rates steady on Wednesday amid what central bank chief Jerome Powell described as a solid economy and diminished risks to both inflation and employment, an outlook that could signal a lengthy wait before any further…

Fed Chair Jerome Powell: Best thing we can do for affordability is keep inflation at 2%

Federal Reserve Chair Jerome Powell answers questions following the FOMC's decision to leave rates unchanged in January.

Markets react to Fed and big tech earnings

The Fed maintained rates unchanged at yesterday’s decision and Chair Powell spoke of “clear improvement” in the US outlook and a ‘steadying’ job market, hinting that the rate cuts are not on the menu for a few more months.