Warsh signals Fed hold this month, S&P 500 flat

Bloomberg · 4 hours ago
Warsh signals Fed hold this month, S&P 500 flat
  • Fed Chair Kevin Warsh spoke at the International Monetary Fund's annual meeting and did not dispel expectations that the Fed will hold rates steady this month.
  • The S&P 500 was down less than 0.1% as of 9:56 a.m. in New York on Friday, showing a steady tape.
  • Investors remain worried about the viability of the artificial intelligence trade, which offset the comfort from the hold outlook.