US stocks: Wall Street ends lower after Fed minutes cloud outlook for rates
Thursday, 17 August 2023
Wall Street ended lower on Wednesday amid rising uncertainty over the need for more interest rate hikes by the US Federal Reserve. The bank’s July policy meeting minutes showed policymakers were divided over the need to combat inflation, meaning they may fall short of announcing rate increases.
Wall Street ended lower on Wednesday amid rising uncertainty over the need for more interest rate hikes by the US Federal Reserve. The bank’s July policy meeting minutes showed policymakers were divided over the need to combat inflation, meaning they may fall short of announcing rate increases.
|
||||
You Might LikeRelated news from verified sources
|