Fed Chair Powell Just Said Risks to the Economy Have Diminished. Why That's Good News For Investors.
Yahoo Finance·2026-01-29 06:54

As Fed rate decisions days go, this one was relatively mild. The Federal Open Market Committee (FOMC) elected to keep the Fed funds rate at 3.5%-3.75% on Wednesday afternoon, and stock indexes barely flinched at the news. The S&P 500 (SNPINDEX: ^GSPC) finished the session essentially flat, down 0.01%. However, Fed rate decision days are known as much for Chair Jerome Powell's press conferences as they are for the decision itself, as investors use the opportunity to glean any insights into the economy fro ...