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Wall Street swings after Fed keeps interest rates high, downplays odds of a hike
Los Angeles Times· 19 hours agoThe Standard & Poors 500 fell 17.30 points, or 0.3%, to 5,018.39 after the Fed held its main interest rate at its highest level since 2001, just as markets expected. The Dow ...
The Dow surges 500 points then gives it all back as the Fed keeps interest rates steady
Quartz· 20 hours agoThe market started celebrating after the Fed Chair Jerome Powell said “it is unlikely the next...
FOMC holds rates in place and will slow balance sheet drawdown By Reuters
Investing.com· 22 hours agoThe Fed left the cap on how many mortgage-backed securities it will allow to roll off its books at...
Euro zone yields fall as Fed signals rates higher for longer
Reuters via Yahoo Finance· 5 hours agoFed Chair Jerome Powell told reporters on Wednesday that inflation was too high and progress in bringing it down was uncertain, setting the stage for a potentially extended period with the benchmark ...
Stock Market Today: Stocks gain as Powell nixes rate hikes; Apple on deck
TheStreet via Yahoo Finance· 5 hours agoThe hawkish stance reflected, however, a caveat: Powell's rejection of a pending rate hike, which...
European Midday Briefing: Stocks Steady as Powell Suggests Rate Hike Unlikely
Morningstar· 7 hours agoSpeaking at a press conference on Wednesday that followed the Fed's decision to leave rates unchanged at a 23-year high for the sixth meeting in a row, Jerome Powell said he thought it "unlikely ...
Asian Shares Wobble On Fed's Mixed Messages
RTT News· 8 hours agoAfter leaving interest rates steady on Wednesday, the Fed signaled that it is still leaning toward eventual reductions in borrowing costs, but needs more evidence that prices are cooling before ...
Fed meeting: the hawkish pivot that never was, and the massive surge in the yen
The Forex Market· 14 hours agoThe Fed’s latest meeting is over, and once more it has left its mark on financial markets. The Fed...
Stocks end mixed as Fed leaves rates unchanged | Northwest Arkansas Democrat-Gazette
Northwest Arkansas Democrat Gazette· 9 hours agoThe S&P 500 fell 17.30 points, or 0.3%, to 5,018.39 after the Fed held its main interest rate at its...
USD/JPY Slides – Did Tokyo Intervene Once Again? | Investing.com
Investing.com· 4 hours agoThe Japanese yen fell as much as 1% earlier and on Thursday but has pared most of those losses. The...