NEW YORK: Wall Street stocks finished decisively lower Wednesday (Jun 17) while the dollar rallied after the Federal Reserve raised its inflation forecast and projected an interest rate hike by year-end.The US central bank, as expected,

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…

NEW YORK, June 17 : The dollar edged higher on Wednesday ahead of the conclusion of the Federal Reserve's two-day policy meeting, the first to be chaired by Kevin Warsh, with…

NEW YORK, June 17 : The dollar strengthened across the board on Wednesday after the Federal Reserve held the benchmark interest rate steady and the Fed's statement showed…

(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…

Decision was unanimous for the first time in a year, a Fed statement said, with policymakers removing forward guidance on the direction of the interest rate. | World News

Fed holds rates at 3.5%-3.75% as CPI hits 4.2%, energy prices bite and markets watch July data. Bitcoin slid alongside U.S. stocks.

Inflation is still above the Fed’s 2 per cent target due to higher energy prices caused by global conflicts and supply shocks.

(Bloomberg) -- Stocks fell and bond yields rose after the Federal Reserve decided to stay on hold, signaling the possibility of higher interest rates as the central bank assesses…

NEW YORK — The U.S. stock market is wavering Wednesday after several officials at the Federal Reserve indicated they may raise interest rates befor...

The US stock market is wavering after several officials at the Federal Reserve indicated they may raise interest rates before the end of the year.

The US stock market is wavering after several officials at the Federal Reserve indicated they may raise interest rates before the end of the year.

US stocks slumped on speculation the Federal Reserve may hike interest rates this year to keep a lid on inflation.

NEW YORK, June 17 : Major stock indexes fell, bond yields rose and the U.S. dollar extended gains on Wednesday after the Federal Reserve held the benchmark interest rate steady…

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…

(Bloomberg) -- Wall Street traders sent stocks lower as short-dated bond yields climbed after the Federal Reserve signaled the possibility of higher rates as it assesses the…

US stocks tumbled Wednesday as traders anticipated a Federal Reserve rate hike, with policymakers projecting rising interest rates later this year. New Fed Chair Kevin Warsh…

U.S. stocks dropped on speculation the Federal Reserve may raise interest rates this year to keep a lid on inflation

The Dow Jones Industrial Average fell 499.18 points, or 0.96 per cent, to 51,494.99. Read more at straitstimes.com. Read more at straitstimes.com.

By Joseph Adinolfi and Joy Wiltermuth

By Joseph Adinolfi and Joy Wiltermuth