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,

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

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…

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…

By Joseph Adinolfi and Joy Wiltermuth