NEW YORK (dpa-AFX) – Before the results of the US Federal Reserve meeting due on Wednesday in the course of trading, calm has returned to Wall Street. The Dow Jones Industrial
quoted in early trading 0.08 percent lower at 34 272.45 points. The S&P 500, which represents the broad market
The results of the interest rate meeting of the US Federal Reserve are expected on the evening of Central European Summer Time, the accompanying statements are in a special spotlight. Investors fear that the recent high inflation will put the monetary authorities in a mess with their extremely loose monetary policy. “Despite the stronger than expected price data in the US, the Fed is likely to stick to its mantra that the rise in inflation is only temporary and consequently its focus can be on further monetary policy support for the labor market,” said a Dekabank comment. edh / he
ISIN US2605661048 US6311011026 US78378X1072
AXC0258 2021-06-16/16:16
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