Boeing climbs as Q2 cashflows surgeJuly 26 - U.S. stocks ended Wednesday little changed following a Federal Reserve rate hike that left the door open for future hikes, but the DowThe Fed lifted its benchmark overnight interest rate by a widely expected 25 basis points, marking the 11th hike in the U.S. central bank's past 12 policy meetings.
Goldman Sachs said in a note to clients that the Fed's statement did not signal a slower pace of hikes in the future, but that the bank was expecting a hold in September. Powell's message was clearly that the Fed will wait and see economic data to make new decisions, said Brent Schutte, chief investment officer at Northwestern Mutual Wealth Management. "I think the Fed won't stop until they see wage inflation down."Microsoft