Nasdaq, S&P, Dow end off session lows as Powell strikes patient tone on interest rates
Major U.S. stock averages closed off session lows Wednesday, as investors heard Federal Reserve Chairman Jerome Powell indicate that largely solid U.S. economic conditions do not warrant continuing on ...
Powell says he's had no contact with Trump
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.
Bitcoin Flies Above $104,000 After Powell Remarks, Stocks Remain Stunned By AI Concerns
Bitcoin (CRYPTO: BTC) may have found a new friend in town, as Fed Chair Jerome Powell took a surprisingly open stance on ...
Nasdaq, S&P, Dow observe limited moves as Q4 GDP growth comes in weaker than expected
Wall Street's major averages notice limited moves on Thursday, as the Q4 GDP growth came in weaker than expected, while ...
Powell says asset prices 'elevated by many metrics' but banks, households appear resilient
Federal Reserve Chair Jerome Powell on Wednesday said asset prices appear "elevated by many metrics right now," driven in part by "this thing around tech and AI." In his news conference following the ...
cnbctv181d
US Fed Meeting Highlights: Stocks fall as US central bank holds key interest rate steady
The US Federal Reserve decided to hold its key interest rate steady on Wednesday (January 29), maintaining it in the range of ...
Hosted on MSN7h
Federal Reserve Holds Interest Rates Steady. Chair Jerome Powell Deflects Questions About Trump's Recent Comments
The Federal Reserve left its benchmark interest rate unchanged after three consecutive cuts last year. The decision signals a ...
Dow, S&P 500 climb off session lows as Powell steps up to the podium
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 ...