Space Exploration Technologies Corp. Class A Common StockSPCX
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Space Exploration Technologies Corp. Class A Common StockSpace Exploration Technologies Corp. Class A Common StockThe Federal Reserve held interest rates steady at its latest meeting under new Chair Kevin Warsh, with participants evenly split between favoring no change and supporting rate increases. Warsh broke with precedent by not providing his own rate outlook and slashed the policy statement from roughly 300 words to 130, signaling a shift toward less forward guidance. He also announced committees to review how the Fed operates, reinforcing his intent to be an agent for change. The meeting underscored the Fed's independence from President Trump, as Warsh did not deliver the rate cut some had expected. The bias toward higher rates reflects a hotter-than-expected economy and inflation pressures partly driven by the Middle East conflict, raising recession concerns as consumers tighten budgets.