Closing Bell Overtime: Fed Holds Rates Steady; Intel CEO On Chips Act Grants

Published: March 20, 2024, 9:14 p.m.

b'The Fed held rates steady but markets hit record highs after Chair Powell signaled a steady outlook. Jefferies Chief Market Strategist David Zervos and former Boston Fed President Eric Rosengren on the key takeaways from Powell and the Fed. Earnings from Micron, Chewy, Five Below and KB Home. CFRA\\u2019s Angelo Zino breaks down Micron\\u2019s numbers while Zelman & Associates\\u2019 Alan Ratner talks KB Home. Plus, Jon sits down with Intel CEO Pat Gelsinger on the CHIPS Act grants and the geopolitical importance of tech supply chains.'