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Business News Update — May 08, 2026 6 PM Eastern

EPISODE · May 8, 2026 · 1 MIN

Business News Update — May 08, 2026 6 PM Eastern

from Clockwise US News

Clockwise Business News — The Federal Reserve has just held interest rates steady, but hinted at future cuts if inflation trends continue downwards. This is Clockwise business news, 6 PM Eastern. The Fed's latest statement, following its policy meeting, suggests cautious optimism regarding economic stability. Analysts view this as a dovish hold, providing mild market relief. Meanwhile, tech powerhouse Nexus Innovations reported impressive first-quarter revenues, surpassing analyst forecasts.

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Business News Update — May 08, 2026 6 PM Eastern

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