The Federal Reserve's two-day policy meeting kicked off in the U.S.
fell further in March, marking nearly a two-year low, a sign that the jobs market is loosening. The Labor Department's release showed the Job Openings and Labor Turnover Survey showed openings totaled 9.59 million for the month, the lowest since April 2021 and below the FactSet estimate of 9.64 million.told CNBC that the company's stock plunge of 48%, driven by comments in the company's earnings report about the risks of artificial intelligence, was "extraordinarily overblown.
"His words that he used in past minutes were, 'We're going to keep at it.' That happened to be the name of Paul Volcker's autobiography: 'Keeping at It.' Jerome Powell is literally taking a page out of Paul Volcker's playbook," said Conzo.
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