18-03-2015 15:21 via news.yahoo.com

Wall Street falls with eyes on Fed statement

U.S. stocks fell in early trading on Wednesday ahead of a highly anticipated statement and news conference by the Federal Reserve later in the session, with the Fed expected to give clearer clues on how soon it plans to tighten monetary policy. The Fed is assessing if the U.S. economic recovery can hold up against collapsing oil prices and a soaring dollar. A statement is due at 2:00 p.m. EDT (1800 GMT), with a press conference by Fed Chair Janet Yellen half an hour later. The U.S. dollar has st
Read more »