Fed vote in favor of policy was 9-3, with Fed's Hammack, Kashkari and Logan dissenting in favor of a 25 BPS increase
Fed vote in favor of policy was 9-3, with Fed's Hammack, Kashkari and Logan dissenting in favor of a 25 BPS increase
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06:01:50 PM UTC
SquawkNews
FED VOTE IN FAVOR OF POLICY WAS 9-3, WITH CLEVELAND FED PRESIDENT HAMMACK, MINNEAPOLIS FED PRESIDENT KASHKARI AND DALLAS FED PRESIDENT LOGAN DISSENTING IN FAVOR OF A 25-BASIS POINT INCREASE
06:13:10 PM UTC
SquawkNews
Wall Street traders drove a rebound in stocks and bonds from session lows after the Federal Reserve held off on raising interest rates as it evaluates the impact of the Iran war on inflation, while oil climbed. [14:00 ET] Fed Rate Statement: Fed vote in favor of policy was 9-3, with Fed's Hammack, Kashkari and Logan dissenting in favor of a 25 BPS increase [08:16 ET] Trump: US strikes will take place against Iran in response to attacks on US targets in Jordan - Fox. [USD, Oil & Bond Yields strengthened, US indexes weakened]
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