14:33 EST Fed Chair Powell says labor market conditions ‘remain solid’
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SPY:
- Federal Reserve cuts federal funds rate by 25 basis points
- Fed says recent indicators suggest economic activity ‘solid’
- FOMC cuts federal funds rate quarter point to 4.5%-4.75%
- U.S. Federal Reserve Lowers Interest Rates by 25-Basis Points
- Trump likely to allow Jerome Powell to serve out term, CNN reports