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Dow closes nearly 400 points higher after Fed says two rate cuts are still in the cards for 2025: Live updates CNBCStock market today: Nasdaq leads market rally as investors cheer Fed rate decision Yahoo FinanceFed's Powell Fuels Rally But It Hasn't Done This Investor's Business DailyDow Jones Today: Stocks Close Higher as Fed Holds Key Rate Steady, Cites Increased Economic Uncertainty; Boeing, Tesla Among Top Gainers Investopedia
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Dollar pares gains as Fed holds rates, forecasts slower growth ReutersThe Fed holds interest rates steady but cuts economic growth forecasts because of tariffs CNNTranscript: Fed Chief Jerome Powell's Postmeeting Press Conference The Wall Street JournalStagflation? Fed sees higher inflation and an economy growing by less than 2% this year
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The Bank of America CEO said Wednesday that consumers are continuing to spend and growth should be solid though slower this year
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The rate-setting Federal Open Market Committee downgraded its collective outlook for economic growth to 1.7%, down from the last projection of 2.1% in December.
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