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Mmastodon BusinessMarkets first seen 1 d ago, last 1 d ago, peak #2

US stocks rally as Fed holds interest rates steady

Original: US indexes close higher after Fed stands pat #stocks x.com/marketwatch/... MarketWatch (@MarketWatch) on ...

US stock indexes closed higher after the Federal Reserve decided to leave interest rates unchanged at its latest policy meeting. Investors welcomed the decision, sending major US benchmarks up by the end of trading. Market commentators are weighing what the hold signals about the Fed's next moves on inflation and the economy.

Why now: The Federal Reserve's rate decision is a major market-moving event that investors are reacting to right now.

Federal ReserveUS stock indexesMarketWatch

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