FED's Positive Minutes Lift Dow
Investors were relieved today when the FED's minutes did not indicate it would step up the pace of interest rate hikes. When the news was released the market went from in the red to close up 60 points for the day. Although many economists believe the U.S. far from being home free from the inflation problem, this news certainly is reassuring to investors that the problem may not be as bad as thought.
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posted by Maverick @ 8:35 PM
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