Stocks struggled for
headway on Wednesday while U.S. yields stood at or near decade
highs along the curve as surging oil prices stoked inflation and
set the scene for the Federal Reserve to project. -September 20, 2023 at 02:24 am EDT
- MarketScreener
Stocks struggle as oil surge sets stage for hawkish Fed reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.
Futures pricing implies almost no chance of a Fed hike at 1800 GMT, but traders, who have begun winding back bets on cuts in 2024 and will be closely focused on the U.S. central bank s economic projections and chair Jerome Powell s news conference.
Stocks Struggle as Oil Surge Sets Stage for Hawkish Fed 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.