Follow all the latest U.S. market action for Tuesday here as investors digest testimony from Fed Chair Jerome Powell, a day ...
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Investor's Business Daily on MSNFed Rate Cuts On Hold Amid 'Solid' Job Market, S&P 500 Falls; Fed Chief Powell Speaking (Live Coverage)The Fed paused as expected, citing a strong labor market and inflation still "elevated." Chairman Jerome Powell is on tap. The S&P 500 fell.
The Federal Reserve held interest rates steady. The U.S. central bank dropped language that inflation "has made progress" towards the 2% inflation goal.
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