Fed Pauses, Powell Sees Economy On 'Firm Footing,' Mum On His Future; S&P 500 Wavers (Live Coverage)
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The Federal Reserve maintained interest rates, with Chairman Jerome Powell expressing confidence in the economy's 'firm footing', but the S&P 500 index wavered in response. Powell's comments suggested a longer pause in rate hikes, but the tone was slightly hawkish. The market reaction was muted.
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The Federal Reserve left interest rates unchanged, as expected, but made a slightly hawkish adjustment to its policy statement. Federal Reserve Chairman Jerome Powell, during his 2:30 p.m. ET news conference, didn't seem concerned about inflation but also signaled a longer rate pause, saying policymakers are "well-position here." The S&P 500 remained fractionally lower as Powell spoke after eking out a record closing high on Tuesday.
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المقال الأصلي منشور بواسطة Yahoo Finance في يناير 28, 2026. التحليل والرؤى المقدمة من AnalystMarkets AI.