Wall Street holds steady ahead of Fed decision on rates
The Dow Jones Industrial Average was virtually flat at 32,561 points. The Nasdaq composite was also basically unchanged. Markets are waiting for the Fed, which is stuck with a difficult decision. Higher rates can undercut inflation by slowing the economy. But they raise the risk of a recession later on.
Published 2 months ago · New York, United States
Wall Street holds steady ahead of U.S. Fed decision on rates
Stocks are holding steady Wednesday as Wall Street bides its time until the U.S. Federal Reserve's announcement in the afternoon about whether it will tighten the screws further on the economy.
2 months ago·Toronto, CanadaRead Full Article
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