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trump’s tweets moving
powell can’t decide
american markets were like a
American markets closed mixed Wednesday as the Federal Reserve kept interest rates steady and Powell voiced concerns over economic uncertainties. The S&P 500 rose by 0.43%, the NASDAQ by 0.27%, and the Dow Jones Industrial Average by 0.7%. Disney’s strong earnings and streaming figures boosted the Dow. Fed left interest rates at 4.25% to 4.5%, citing risks of both higher unemployment and inflation. Powell expressed high economic uncertainty but emphasized no negative outcomes yet. Trump’s trade policies and potential tech industry changes also influenced market dynamics.
https://altcoin.observer/dow-jones-the-main-clues-increase-while-the-fed-maintains-stable-rates-powell-warns-trade-and-the-risks-of-inflation/
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