The New York Stock Exchange (NYSE) provides a daily pre-market update directly from the NYSE Trading Floor. Access today's NYSE Pre-market updatefor market insights before trading begins.
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 JeromePowell 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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SOURCE New York Stock Exchange
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