Fed holds rates, Powell shuts door on March cut

Wall Street Breakfast
31/01/2024 6 min
Fed holds rates, Powell shuts door on March cut

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Episode Synopsis

Stocks sink as Fed chief Jay Powell calls a March interest rate cut unlikely. (0:17) Boeing suspends 2024 guidance amid 737 problems. (4:23) Walmart switches gears to open new stores. (4:57)Show NotesPrivate sector adds 107K jobs in December, less than expectedSeeking Alpha's Alpha Picks portfolioEpisode transcripts seekingalpha.com/wsbSign up for our daily newsletter here and for full access to analyst ratings, stock quant scores, dividend grades, subscribe to Seeking Alpha Premium at seekingalpha.com/subscriptions.
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