The Federal Reserve is scheduled to announce its decision from the March FOMC meeting at 2 p.m. Eastern Time on Wednesday, followed by a press conference with Chair Jerome Powell at 2:30 p.m. Market expectations are largely set on the Fed keeping interest rates unchanged.
Wall Street's "Market Rescue Hopes"
This week, global markets are fixed on Federal Reserve Chairman Jerome Powell. U.S. stocks have been retreating f...

Thursday's release of multiple economic data points all showed poor performance, reigniting fears of a recession due to deteriorating macro demand expectations and weak employment figures. This led the market to experience a significant decline. Simultaneously, leading chip design giant Arm's projected growth rate for patent licensing fees, which benefit from the AI-enabled smartphone trend, fell below previous expe...