Most U.S. stocks fell as investors awaited reassurance on the Federal Reserve’s willingness to keep providing extraordinary support for the economy. The dollar slid, while Treasuries climbed.
American equities are still up more than 40 per cent from March lows as central-bank asset purchases and unprecedented stimulus measures sparked demand for risk assets. The Fed will consider penciling in rates near zero for this year and next to help the economy recover from its coronavirus-induced recession. The committee will release a statement at 2 p.m. alongside its first quarterly forecasts since December, including a dot plot of its rate projections.
I'm waiting for covid fall before spending on visa payments like a 21st century investor. Like going to a Casino & coming home a deemed to poverty disabled injured worker.
'Needy'
Ummm. Editor? 'Everything is falling on the NASDAQ...'
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