Stocks close slightly higher as Fed stands pat on rates, warns of stagflation risks

fortune.com/2025/05/07/stocks-close-slightly-higher-as-fed-stands-pat-on-rates-warns-of-stagflation-risks

It was all eyes on the Federal Open Market Committee on Wednesday. This afternoon, Federal Reserve Chair Jerome Powell Wednesday as central bank policymakers delivered their latest interest rate decision, opting to continue their "wait-and-see" approach in the aftermath of President…

This story appeared on fortune.com, 2025-05-07 20:09:46.
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