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 crypto assets during his Wednesday press conference. Powell indicated that banks can serve crypto customers as long as they understand and manage the risks,
Powell: Asset prices 'elevated by many metrics' with 'good part' of that due to AI, tech
Federal Reserve chair Jerome Powell on Wednesday said asset prices are "elevated by many metrics" and chalked up a good portion of that to the valuations of technology and artificial intelligence (AI) stocks.
Watch live: Fed’s Powell gives first remarks under new Trump admin
Powell addresses Fed's interest rate decision —first since Trump's return
Powell Signals Fed on Hold as Trump’s Economic Policies Take Shape
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 Fed's policy decision,
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Fed Holds Steady: Market Reacts to Rates and Economic Outlook
U.S. stocks closed lower on Wednesday following the Federal Reserve's decision to hold interest rates steady. Fed Chair Jerome Powell provided positive economic insights, but technology stocks like Nvidia and Microsoft pulled the S&P 500 down.
Who Is Jerome Powell?
Jerome H. Powell has been a member of the Board of Governors of the Federal Reserve System (FRB) since May 25, 2012, appointed by then-President Barack Obama to fill an unexpired term. He was reappointed by Obama and sworn in on June 16, 2014, for a term that expires on Jan. 31, 2028.
Nasdaq 100: Powell’s Fed Decision, Nvidia’s AI Battle, Microsoft, Tesla, Meta Set Tone
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!
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As DeepSeek staggers markets, wary investors set to watch Powell's tone
A January rate hold is all but certain, but the Federal Reserve chair's first speech during Trump's second presidency could still hold clues on inflation concerns.
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US Fed FOMC Meeting Highlights: Fed hits pause on rate cuts as inflation, Trump’s policies create uncertainty
By holding rates steady at 4.25% to 4.5%, the Fed may be setting the stage for a prolonged wait-and-see approach—monitoring inflation’s trajectory and awaiting clarity on Trump’s trade and immigration plans.
Stock Market Today: Dow, S&P 500, Nasdaq down, bond yields rise as Fed leaves rates unchanged; earnings from Microsoft, Meta and Tesla loom
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.
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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 4.25%-4.5%. The decision by the central bank’s Federal Open Market Committee (FOMC) came as anticipated,
Fed Meeting Today: Fed Stands Pat; Powell Speaks Soon
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,