Stock Market Today: Nasdaq Jumps as Fed Minutes Fail to Flame Fears
Kiplinger -

U.S. equities enjoyed a broad pop Wednesday following the release of minutes from the Federal Reserve's most recent meeting, which showed that the central bank's decisionmakers were willing to be both aggressive but flexible in the face of both inflationary and recessionary pressures.

Much of what the Federal Open Market Committee said in the minutes was largely as expected: Members favor 50-basis-point increases to the Fed's benchmark interest rate in both its June and July meetings, then could...

Read this story at


Related Articles