Fed meeting updates: Powell says he’s not trying to boost stocks, comments on coronavirus
(This is a live blog. Check back for updates.)
Federal Reserve Board Chairman Jerome Powell holds a news conference on October 30, 2019 in Washington, DC.
Eric Baradat | AFP | Getty Images
2:01 pm: Interest rates unchanged, but Fed ups interest paid on excess reserves
Though the Fed kept its benchmark rate steady, it did tweak interest it pays on funds stored at the central bank. It…