• Fed holds key interest rate at 5.25%-5.50%
  • “Inflation has eased … but remains elevated” – Fed Statement
  • New York Community Bancorp plunges, regional banks slide
  • All three major U.S. stock indexes post January gains
  • Indexes down: Dow 0.82%, S&P 1.61%, Nasdaq 2.23%

https://www.reuters.com/markets/us/nasdaq-futures-sink-alphabet-microsoft-disappoint-fed-decision-focus-2024-01-31/