Skip to content
Sign up to receive our free weekday morning edition, and you'll never miss a scoop.

It’s a new day at the Fed, even if Powell won’t ‘declare victory’ yet

The Federal Open Market Committee announced this afternoon it would continue to hold rates steady, leaving the federal funds rate between 5.25% and 5.5%. Markets roared on the news, with the S&P 500 climbing by more than a percentage point in the hour or so after the release.

Subscripion logo

You're seeing a preview of our Premium coverage. Read the full story by subscribing here.

Presented by Verizon

A $5B spend on American small business suppliers over the next 5 years, with faster payment terms, modified insurance requirements and more, making it easier for small businesses to work with Verizon. More on the Small Business Supplier Accelerator.

Editorial photos provided by Getty Images. Political ads courtesy of AdImpact.