The Fed accepted a total of $1.114 trillion from 97 counterparties in fixed-rate reverse repurchase operations.

According to the Saudi Press Agency: The Saudi Crown Prince met with British Prime Minister Sunak in Riyadh.

Chris Zaccarelli, chief investment officer of the Alliance of Independent Advisors: Powell continues to leave options open to the Fed in terms of future interest rate hikes, but has not changed his view that the Fed will keep interest rates unchanged at the next meeting, and may keep them unchanged for the rest of the year. Interest rates are unchanged (for example, they were also unchanged at the December meeting).

OpenAI: New version of image generator DALL-E 3 now available in ChatGPT Plus and Enterprise.

Federal Reserve Chairman Powell: Regional banking business models are under pressure, and the Fed does not want to exacerbate this pressure.

Fed Chairman Powell: Regional banks are very important.

Federal Reserve Chairman Powell: Work with regulators to resolve commercial real estate issues.

Fed Chairman Powell: Business risk is not a big risk for the largest banks, but it is a bigger risk for smaller banks.

Fed Chairman Powell: Expected to take public comments on banking rules into consideration very seriously.

According to Israeli media N12 TV: Israel said that Hamas had taken about 30 children hostage.

Fed Chairman Powell: Banks are doing a better job of managing risk than in the past.

Fed Chairman Powell: Banks are strong and well capitalized.

Fed Chairman Powell: Bank stress has stabilized and the Fed is still paying close attention to possible problems.

Fed Chairman Powell: Problems facing the banking industry have stabilized.

Fed Chairman Powell: I think most of the inflation is not coming from the job market, but is driven by demand.

Fed Chairman Powell: Wage growth has moderated and job vacancies have decreased.

Fed Chairman Powell: Does not support any specific long-term interest rate level.