Fed Holds Rates as Oil Shock Collides With Micron's AI Memory Boom
The Federal Reserve voted 11-1 to keep rates steady at 3.5%-3.75% as stocks fell after Powell underscored uncertainty surrounding the oil shock . Meanwhile, Micron's revenue nearly tripled to $23.9 billion , signaling AI infrastructure remains resilient despite macro headwinds and a <strong>VIX spik