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NEW YORK, March 20, 2025 /PRNewswire/ — The New York Stock Exchange (NYSE) provides a daily pre-market update directly from the NYSE Trading Floor. Access today’s NYSE Pre-market update for market insights before trading begins.
Pre-Market update + Federal Reserve updates its forecast
Kristen Scholer delivers the pre-market update on March 20th
- Stocks moved between gains and losses in the wake of the Federal Reserve’s interest rate decision and updated economic forecast yesterday.
- The Fed kept rates unchanged and lowered its GDP growth forecast for the year to 1.7 percent and upped its inflation projection to 2.8 percent.
- Fed Chair Jerome Powell noted that the central bank isn’t in a hurry to cut rates further while adding that an inflationary impact from tariffs is perceived as transitory for now.
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Video – https://mma.prnasia.com/media2/2646307/NYSE_March_20_Market_Update.mp4