Fed holds rates as expected; FOMC statement, SEP's, and Chair Warsh come in hawkish; US Retail Sales beat; Pending Home Sales rise in May; EIA crude stocks draw more than expected; Softer-than-expected UK CPI; Riksbank holds rates

NEW YORK: Wall Street stocks edged higher early Wednesday (Jun 17) as markets looked ahead to Kevin Warsh's first Federal Reserve decision announcement as chairman and digested…

(Bloomberg) -- Wall Street traders gearing up for the Federal Reserve decision refrained from making big moves as they waited to see whether new Chair Kevin Warsh will validate…

"...this was at the hawkish end of expectations."