A look at the day ahead in U.S. and global markets from Mike
Dolan
With Wall St set for its final trading day of a bumper first
quarter, the Federal Reserve seems in no rush to.
With Wall St set for its final trading day of a bumper first quarter, the Federal Reserve seems in "no rush" to lower interest rates just yet - buoying the dollar as other central banks chomp at the bit. Fed Governor Christopher Waller set the tone for the Easter break on Wednesday indicating the central bank was being patient rather than hesitant in lowering borrowing costs this year. Although the comments marginally shaved expectations for a rate cut as soon as June - and nudged two-year Treasury yields back up - it was also clear Waller was merely talking about timing.
Morning Bid: Unrushed Fed Sees Out Buoyant Q1, Dollar Revs Up usnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from usnews.com Daily Mail and Mail on Sunday newspapers.