Fed Holds Rates Steady, Extends Wait-and-See Stance

Published: May 1, 2024, 9:02 p.m.

P.M. Edition for May 1. The Federal Reserve is holding interest rates steady, acknowledging recent inflation setbacks. Heard on the Street editor Spencer Jakab explains. And BlackRock begins offering 401(k) retirement plans with a monthly check. Markets reporter Jack Pitcher has more. Plus, Arizona\u2019s legislature votes to repeal the state\u2019s nearly total ban on abortions. Annmarie Fertoli hosts.\n\n\n\nListening on Google Podcasts? Here's our guide for switching to a different podcast player.\n\nLearn more about your ad choices. Visit megaphone.fm/adchoices