· 1d
Trump’s Inflation and AI Are More Important Than the Fed
· 22h · on MSN
Fed pauses interest rate cuts as inflation, Trump's plans create uncertainty
Trump: Fed failed to beat inflation, 'I will do it'
The president’s post suggests that he intends to continue his criticism of Fed Chair Jerome Powell on social media, which became a regular feature during his first term.
The Federal Reserve will probably keep its distance from the DeepSeek saga during its policy meeting this week, but the U.S. central bank has good reason to keep very close tabs on any artificial intelligence wobble on Wall Street.
· 1d · on MSN
Stock market today: Asian stocks advance ahead of the Fed's rate decision as panic over AI fades
Stocks don't need another Fed rate cut as much as they need this right now
"I think the market can live with where rates are now, as long as the 10-year rate is stable," said Keith Lerner, co-chief investment officer at Truist Advisory Services, in a call following the Fed decision. "As long as the overall bias is eventually of cutting, the market will be fine."
· 1d · on MSN
Fed Chair Powell: AI is a big event in the stock market
AI could raise productivity growth from 0.8 to 1.5 percentage points a year. That rivals the boosts we got from the transcontinental railroads, mechanization of agriculture and interstate highway system.
U.S. equity indexes dipped and the dollar was firm on Wednesday after the Federal Reserve held interest rates steady and gave little insight into when further reductions in borrowing costs may take place.
The S&P 500 fell 1.5% on Monday, Jan. 27, as a Chinese startup's cost-efficient and high-performing AI model sent shockwaves through the U.S. tech sector.
The tech-heavy Nasdaq composite closed down nearly 3% on Monday, with shares of AI-focused chipmaker Nvidia plunging 17% and shaving nearly $590 billion from the company’s market cap.
U.S. stocks on Tuesday were regaining some ground after Monday's sharp selloff, with the S&P 500 and the Nasdaq Composite trading near their session highs as investors digested DeepSeek's AI advancement and awaited decisions from the Federal Reserve's first policy meeting of the year.
The S&P 500 was down 1.6% in morning trading. Big Tech stocks took some of the heaviest losses, with Nvidia down 11.2%, and they dragged the Nasdaq composite down 2.7%. The Dow Jones Industrial Average, which has less of an emphasis on tech, was holding up better with a dip of 123 points, or 0.3%, as of 9:50 a.m. Eastern time.
Standard Chartered's Geoffrey Kendrick explains why the impact of DeepSeek on the AI industry could be good for the Bitcoin price.
The selloff could provide traders an attractive entry opportunity in higher-beta altcoins such as Solana's SOL, which endured a double-digit pullback, one analyst said.
US stocks struggled gained steam on Thursday afternoon as investors digested megacap tech earnings and waited for Apple (AAPL) results for more clues on prospects for Big Tech. After the Federal Reserve stood pat on interest rates as expected,
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