{"id":423965,"date":"2026-04-29T20:27:10","date_gmt":"2026-04-29T20:27:10","guid":{"rendered":"https:\/\/www.newsbeep.com\/ie\/423965\/"},"modified":"2026-04-29T20:27:10","modified_gmt":"2026-04-29T20:27:10","slug":"live-jerome-powell-delivers-likely-final-speech-as-fed-chairman-as-rates-hold","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ie\/423965\/","title":{"rendered":"Live: Jerome Powell delivers likely final speech as Fed chairman as rates hold"},"content":{"rendered":"<p>How have the markets reacted to inflation and Powell&#8217;s press conference?published at 21:11 BST<\/p>\n<p>21:11 BST<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">The markets were slightly weaker afterthe Federal Reserve announced it will not change the country&#8217;s key lending rate which is at 3.5% to 3.75%. <\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">An hour after the announcement, at 15.07 ET (20.07 BST), on Wall Street the Dow Jones Industrial Average was down 326.44 points, or 0.66%, to 48,816.71.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">The S&amp;P 500 was down 12.36 points, or 0.17%, to 7,126.36.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">Meanwhile the Nasdaq Composite fell 27.29 points, or 0.12%, to<br \/>\n24,635.17.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">At the close an hour later the Dow was down 0.55%, the S&amp;P was down 0.03%, and the Nasdaq was up 0.02%.<\/p>\n","protected":false},"excerpt":{"rendered":"How have the markets reacted to inflation and Powell&#8217;s press conference?published at 21:11 BST 21:11 BST The markets&hellip;\n","protected":false},"author":2,"featured_media":423966,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[72,113,61,60],"class_list":["post-423965","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-economy","tag-ie","tag-ireland"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/423965","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/comments?post=423965"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/423965\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media\/423966"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media?parent=423965"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/categories?post=423965"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/tags?post=423965"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}