Alex Ossola

What would it take for it to start cutting rates again?

Among Fed officials for this month's decision, Powell said there was broad support for cutting.

But two officials, both of whom were appointed by President Trump, said that they wanted to cut this time around.

What does that show us about how the Fed is functioning as a body?

Right.

By Waller, you mean Christopher Waller, who's in the running to be the new Fed chair, along with Kevin Warsh, Kevin Hassett, and Rick Reeder.

But our current Fed chair, Powell, he was asked today about the Justice Department investigation into him and the Lisa Cook case in front of the Supreme Court, both of which could affect the independence of the central bank.

How did Powell talk about those things?

What has been the market reaction to today's Fed decision?

That was WSJ investing columnist Spencer Jacob.

Thanks, Spencer.

Sure.

Like Spencer said, markets didn't have a strong reaction to the Fed.

But the dollar did climb today after Treasury Secretary Scott Besant said the U.S.

had a strong dollar policy and absolutely wasn't intervening in currency markets.

The dollar had sold off yesterday, partly because President Trump said he wasn't concerned about currency declines.

In round number milestones, the S&P 500 briefly crossed 7,000 points today for the first time, but later retreated, and stock markets finished the day pretty much unchanged from yesterday.

The biggest move in the indexes was a 0.2% gain in the Nasdaq.

In corporate news, Amazon said it was laying off 16,000 employees.

That brings its total cuts to 30,000 workers since October.