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S&P 500 falls, yields rise following Fed announcement
NEW YORK, June 17 : Major stock indexes fell, bond yields rose and the U.S. dollar extended gains against the euro on Wednesday after the Federal Reserve held the benchmark interest rate steady and new projections showed officials expect a hike in borrowing costs later this year amid increasing inflation concerns.
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abcnews.com
Fed set to make interest rate decision as inflation hits 3-year high
Futures markets overwhelmingly expect the Fed to hold interest rates steady.
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cnbc.com
Stock futures are little changed as Wall Street gears up for Federal Reserve rate decision: Live updates
Wednesday's FOMC decision marks the first with new Fed Chairman Kevin Warsh at the helm of the U.S. central bank.
