Stocks Waver as a Split Fed Holds Rates Steady

About this episode

Fed Chair Jerome Powell announces he will remain on the board, while Meta's shares decline after an earnings report.

Fed Chair Jerome Powell said he’s staying on the board past the end of his term next month. Plus: Meta shares fall after hours, following an earnings report showing increased capital expenditures. Sign up for the WSJ's free What's News newsletter. An artificial-intelligence tool assisted in the making of this episode by creating summaries that were based on Wall Street Journal reporting and reviewed and adapted by an editor. Learn more about your ad choices. Visit megaphone.fm/adchoices

Topics covered

• Federal Reserve
• stock market
• earnings report
• capital expenditures
• Meta
• Jerome Powell

Keywords

• stocks
• Federal Reserve
• Jerome Powell
• Meta
• earnings report
• capital expenditures

Mentioned in this episode

Organizations: Meta, Wall Street Journal

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