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HomeMarket NewsUS Fed Meeting Live Updates: US stocks rise ahead of rate decision; Dow up 0.5%
US Fed Meeting Live Updates: US stocks rose at Wednesday's open as investors welcomed news of upcoming US-China trade talks set for the weekend, even as attention remained on the Federal Reserve’s policy decision due later in the day. Fed Chair Jerome Powell and other policymakers have indicated they prefer to wait and observe how the recent import duties—such as the 145% levy on goods from China—affect inflation and overall economic activity before making any policy adjustments.
US Fed Meeting Live Updates: The US Federal Reserve is expected to hold interest rates steady for on May 7 as it assesses the economic impact of President Donald Trump’s sweeping tariffs, according to several economists. Despite mounting pressure from the White House for a rate cut, the Fed is widely anticipated to maintain its current policy stance at the conclusion of its meeting on Wednesday.
Fed Chair Jerome Powell and other policymakers have indicated they prefer to wait and observe how the recent import duties—such as the 145% levy on goods from China—affect inflation and overall economic activity before making any policy adjustments.
Meanwhile, US stocks edged higher with Dow Jones gaining around half a percent, while the S&P 500 and the Nasdaq were up about 0.4% and 0.3%, respectively.
Watch this space for all the Live updates.
