Wall Street

Stock Market Today – 6/15: Stocks Higher With ‘Bold’ Fed Rate Hike In Focus As ECB Convenes Emergency Meeting

Published by
The Street

By Martin Baccardax The Fed will deliver perhaps its most important rate decision in decades Wednesday as markets debate the merits of tighter monetary policy into a looming domestic recession. U.S. equity futures moved firmly higher Wednesday, following on from a session which consolidated a bear market for the S&P 500, as investors looked to perhaps the most important Federal Reserve rate decision in more than a decade. Surging inflation, record-high gas prices, rising jobless claims data and a slowing domestic economy will all likely weigh on the Fed’s rate decision, scheduled for 2:00 pm E…

Read More

Share this Story
Load More Related Articles
Load More In Wall Street