'Hard not to notice the big divide inside the Fed -- not over the economy, but over the direction of interest rates,' writes jbartash in our live analysis of the Fed rate cut announcement.
The Federal Reserve makes its interest rate decision and also releases new versions of its dot plot and economic projections and Chairman Jerome Powell will address the media afterwards. Follow along as MarketWatch’s Rex Nutting, William Watts, and Jeffrey Bartash live-blog the action and watch the video of the press conference.
Key tickers: Dow Jones Industrial Average DJIA, -0.53% DJIA, -0.53% | U.S. dollar DXY, +0.37% | 10-year Treasury TMUBMUSD10Y, -0.96%.Stocks edge lower ahead of Fed interest-rate decisionOpinion: Powell’s dilemma: Easing offsets trade uncertainty, but invites more of the same from Trump
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