"when:24h allinurl:malaymail.com" – Google News
NEW YORK, June 16 — Wall Street stocks tread water early today as markets awaited a Federal Reserve decision and an update of the central bank’s view on inflation.
The Fed is widely expected to maintain its current accommodative stance, but “market participants will be eager to go through policymakers’ economic projections and hear if the Fed acknowledges if it’s getting closer to altering policy due to rising inflation pressures,” Briefing.com said in an analysis.
Housing data was mixed, with housing starts rising 3.6 per cent last Month from April and permit issues increasing three per cent. However, these gains were smaller…
