US Markets Update: Wall Street braces for Fed’s ‘hawkish hold’

📆 9/20/2023 6:30 PM
📰 businessposthq

⏱ Reading Time:
15 sec. here
2 min. at publisher
📊 Quality Score:
News: 9%
Publisher: 71%

Finance Finance Headlines News

Finance Finance Latest News,Finance Finance Headlines

Federal Open Market Committee expected to keep rates in a range of 5.25 per cent to 5.5 per cent

Stocks, bonds and the dollar saw small moves, with traders betting the Federal Reserve will keep interest rates steady on Wednesday while hinting at the possibility of hiking again, if warranted.

The S&P 500 edged higher. FedEx, a global economic bellwether, is due to report earnings after the close. Two-year US yields halted a four-day advance. The dollar fell against all of its developed-market peers. Oil dropped, following a rally that briefly sent Brent above ...

Write Comment

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Finance Finance Latest News, Finance Finance Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Global shares slip as markets awaits likely hawkish tone from US FedDrinks group C&C finished the day up 5% in Dublin after telling investors it expects operating profit to top €31m this year
Source: IrishTimes - 🏆 3. / 98 Read more »

Morning Markets Wrap: Bank of Ireland enjoys boost while UK stocks rise with confidence on inflationGlenveagh also had its shares rise on a relatively quiet morning on the Iseq
Source: businessposthq - 🏆 8. / 71 Read more »