The stock market continued its steady advance of the past month after the Federal Reserve said it would keep interest rates low to revive the economy.
Stocks Climb After Fed Pledges To Hold Rates Low (ap)
Yahoo! Buzz US: Top Stories, Yahoo Buzz: Business
Wed, 03/17/2010 - 9:11am
BING NEWS:
- Fed's stance of higher for longer likely not shaken by new inflation reading
The Fed's stance of holding interest rates higher for longer likely won't be shaken after a fresh reading from the central bank's favored inflation gauge showed continued price stickiness. The ...
05/31/2024 - 2:39 am | View Link - Pound surges as summer rate cut hopes vanish
The pound is on track for its best month since November as hopes of a summer interest rate cut dwindle. Sterling is up 1.8pc against the dollar so far this month to trade at more than $1.27, which ...
05/24/2024 - 6:06 am | View Link - FTSE 100 LIVE: Wall Street higher and Europe mixed as US private sector grows at fastest pace in two years
Average polling data suggests it is likely Labour will win and form a government, achieving power for the first time since 2010.
05/23/2024 - 12:36 am | View Link - Fed meeting minutes show some 'willingness' to hike rates again
Federal Reserve officials expressed concern during their May policy-setting meeting that inflation within the economy could remain uncomfortably high.
05/22/2024 - 8:38 am | View Link - Should the Fed relax its 2% inflation goal and cut interest rates? Yes, some experts say.
The Fed's goal of keeping rates high until inflation falls to 2% has significant implications for consumers, investors and the U.S. economy.
05/19/2024 - 10:22 pm | View Link - More
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