Equities Recover as FOMC Minutes Digested. Fed Official Downplayed Chance of Four Rate Hikes

Posted February 23rd, 2018 by troygates2284 and filed in General News

Equities recovered while Treasury yields pulled back from the highest in 4 years after the hawkish FOMC minutes were digested. Wall Street was higher as led by energy and healthcare shares. Rate hike speculations were also tamed by some Fed members including St Louis Fed president James Bullard, a non-voting dove.

See the original post here: 
Equities Recover as FOMC Minutes Digested. Fed Official Downplayed Chance of Four Rate Hikes

Leave a Reply

You must be logged in to post a comment.