US stocks rally as Fed holds rates
The Federal Reserve kept interest rates steady on Wednesday but signaled that two rate cuts are still possible in 2025. Following the announcement, the Dow Jones Industrial Average closed nearly 400 points higher, with the S&P 500 and Nasdaq Composite also posting significant gains. In a press conference, Federal Reserve Chair Jerome Powell acknowledged increased…
Florida bill would build center to improve property insurance affordability
Fed maintains rates; markets respond positively
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