US Fed Policies Send Stocks to Record Highs

U.S. stock prices reached new highs Wednesday after the U.S. Federal Reserve said it would stay the course on efforts to stimulate the economy. And that rally could continue, despite the central bank’s conclusion that the U.S. economic recovery still has a way to go before it becomes fully sustainable. Many economists were expecting the Fed to start scaling back its bond purchases this month as the economy recovers from the worst recession in decades.

Top central bank officials concluded …

Powered by WPeMatico

This entry was posted in Business. Bookmark the permalink.

Comments are closed.