27-07-2016 20:29 via news.yahoo.com

Wall Street recovers after Fed keeps rates steady

Wall Street cut losses on Wednesday after Federal Reserve left interest rates unchanged but opened the door to a resumption of monetary policy tightening this year. The Fed had not been expected to move interest rates at its two-day meeting but investors have been anxious for hints about when a hike might come following concerns about potential fallout from Britain's vote in June to leave the European Union. "It sounded a reasonably upbeat tone, not a big difference from last time, but a reasona
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