Wall Street Lunch: Fed Holds, Powell Staying Put
Kevin Dietsch/Getty Images News Listen below or on the go via Apple Podcasts and Spotify Fed holds rates steady as Middle East uncertainty clouds outlook. (0:16) Dot plot still pencils in one rate cut this year. (0:37) Powell will wait until investigation ‘well and truly over.’ (1:20) The following is an abridged transcript: This is a special Fed edition of Wall Street Lunch Amid what one economist calls a “central banker’s nightmare” of inflation and labor market risks, the Federal Reserve clearly ...