LIVE Updates: Federal Reserve decision, Powell Q&A

Investors eye Fed's comments on inflation, interest rates

U.S. stocks seesawed after the Federal Reserve left interest rates near zero and as Chairman Jerome Powell addressed the financial markets.

Ticker Security Last Change Change %
I:DJI DOW JONES AVERAGES 34022.77 +435.11 +1.30%
SP500 S&P 500 4109.63 +46.59 +1.15%
I:COMP NASDAQ COMPOSITE INDEX 13097.278588 +65.60 +0.50%

Policymakers did note, despite the ongoing vaccine rollout, the virus remains a wildcard. "The ongoing public health crisis continues to weigh on the economy, and risks to the economic outlook remain" the statement read. 

THE FED AND YOUR MONEY

Read a recap of the Fed's press conference and Powell's take on the economy, inflation, jobs, and much more in the FOX Business Blog. Mobile users click here.

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