WS #10259
Fed holds rates at 3.5-3.75%, Warsh signals hawkish stance on inflation, with potential for further hikes, pressuring growth stocks. SpaceX IPO sparks anticipation for OpenAI and Anthropic IPOs, boosting sentiment for AI and tech stocks. Apple confirms sourcing chips from Intel's foundry, breaking TSMC's monopoly and signaling a major win for Intel's turnaround.
Fed Policy Stance
Fed holds rates at 3.5-3.75%, Warsh signals hawkish stance on inflation, with potential for further hikes, pressuring growth stocks.
SpaceX IPO sparks anticipation for OpenAI and Anthropic IPOs, boosting sentiment for AI and tech stocks.
Apple confirms sourcing chips from Intel's foundry, breaking TSMC's monopoly and signaling a major win for Intel's turnaround.