by the federal chair. fed chair based on the meeting today, i would tell you that i don t think it s likely that the committee will reach a level of confidence by the time of the march meeting to identify march as the time to do that. but that is to be seen. mr powell s words disappointed us on wall street who believed that the first cut would potentially happen in march. this is after policymakers back in december hinted at three rate cuts in 202a. however, mr powell said officials wanted greater confidence that inflation was falling back to its 2% goal first. with prices coming down but still high and with the economy doing well, david russell at trade station believes that this is the right call telling mejerome powell has no reason to show his hand at this point. the rate decision comes after fresh data showing us economic growth slowed down in the last quarter, but performed much better than forecasters expected. in other news, now to other stories making headlines. b
today s vast social media empires are managed by a handful of big names meta, snap, tiktok, discord and x. their bosses faced angry lawmakers in washington for a tense grilling about why children continue to be exposed to harm on their platforms. as a mother, this is personal and i share the sense of urgency. words cannot begin to express the profound sorrow i feel that a service we designed to bring people happiness and joy has been abused to cause harm. it may have been heartfelt, but the senators weren t buying it. mr zuckerberg, you and the companies before us, i know you don t mean it to be so, but you have blood on your hands. mark zuckerberg from meta, which owns facebook and instagram, came under the heaviest fire. these results may contain images of child sexual abuse, and then you gave users two choices get resources, or see results anyway. mr zuckerberg, what the hell were you thinking? all right, senator, the basic science behind that is that when people are s
getting these comments by the federal chair. federal chair. based on the meetin: federal chair. based on the meeting today, federal chair. based on the meeting today, i federal chair. based on the meeting today, i would - federal chair. based on thei meeting today, i would tell federal chair. based on the - meeting today, i would tell you that i don t think it s likely that i don t think it s likely that the committee will reach a level of confidence by the time of the march meeting to identify march as the time to do that. but that is to be seen stop at mr powell s words disappointed us on wall street who believed that the first cut would potentially happen in march. this is after policymakers back in december hinted at rate cuts in 202a. however, mr powell said officials wanted greater confidence that inflation was falling back to its 2% goal first. with prices coming down but still high and with the economy doing well, david ross let believes that this is the right ca
given these comments by the federal chair. based on the meeting today, i would tell you that i don t think it s likely that the committee will reach a level of confidence by the time of the march meeting to identify march as the time to do that. but that is to be seen. mr powell s words disappointed us on wall street who believed that the first cut would potentially happen in march. this is after policymakers back in december hinted at rate cuts in 202a. however, mr powell said officials wanted greater confidence that inflation was falling back to its 2% goal first. with prices coming down but still high and with the economy doing well, david ross believes that this is the right call telling me thatjerome powell has no reason to show his hand at this point. the rate decision comes after fresh data showing us economic growth slowed down in the last quarter, but performed much better than forecasters expected. let s turn our focus now to social media because the bosses of compa
by the federal chair. based on the meeting today, i would tell you that i don t think it s likely that the committee will reach a level of confidence by the time of the march meeting to identify march as the time to do that. but that is to be seen. mr powell s words disappointed us on wall street who believed that the first cut would potentially happen in march. this is after policymakers back in december hinted at rate cuts in 202a. however, mr powell said officials wanted greater confidence that inflation was falling back to its 2% goal first. with prices coming down but still high and with the economy doing well, david ross at trade station believes that this is the right call telling mejerome powell has no reason to show his hand at this point. the rate decision comes after fresh data showing us economic growth slowed down in the last quarter, but performed much better than forecasters expected. now to other stories making headlines. boeing boss dave calhoun has admitted