Here are the five key takeaways from this week’s Fed meeting
While no one expected the Fed to cut — much less hike — at this meeting, the market always looks for clues about what’s next.
Fed votes to hold rates steady, notes ‘uncertain’ impacts from Iran war
The Federal Reserve on Wednesday released its decision in interest rates.
Fed still expects to cut rates once this year despite spiking oil prices
The central bank’s so-called dot plot showed a median estimate of 3.4% for the federal funds rate, the same as at the end of last year.
Here’s what changed in the new Fed statement
This is a comparison of Wednesday’s Federal Open Market Committee statement with the one issued after the Fed’s previous policymaking meeting in January.
Stocks making the biggest moves midday: Williams-Sonoma, Micron, Macy’s, SL Green & more
These are the stocks posting the largest moves midday.
JPMorgan Chase taps Dwyane Wade, Tom Brady for new athlete wealth management push
JPMorgan’s move reflects growing competition among banks and wealth managers to serve athletes, who are increasingly becoming entrepreneurs and investors.
Expectations for the next Fed rate cut get pushed back after hot inflation report
Futures markets took any realistic chance of a cut off the table until at least December.
Stocks making the biggest moves premarket: Nvidia, Micron Technology, Macy’s and more
These are the stocks posting the largest moves in premarket trading.
Bain Capital taps buyer interest for Bridge Data Centres, offering up to 70% stake, sources say
Bain’s potential sale of its stake in Bridge Data Centres comes amid a dealmaking frenzy in the sector, buoyed by surging demand for AI compute capacity.
RIL appoints 17 bankers for a potential Rs 40,000 crore Jio Platforms IPO
Jio Platforms has appointed 17 investment banks, including global giants, to manage its upcoming IPO, signaling the formal start of preparations for what could be India’s largest-ever listing. This move follows regulatory clarity on minimum public shareholding norms, allowing companies with high valuations to list with a lower initial float.
