Fed Holds Rates as Markets Await Microsoft and Alphabet Results
The Federal Reserve held interest rates steady as markets awaited results from Microsoft and Alphabet.
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09:00:20 PM UTC
SquawkNews
By Jamie McGeeverWall Street rose on Wednesday after the Federal Reserve kept interest rates on hold and as investors focused on key earnings reports.The Fed decision was expected, but the steepening of the yield curve suggests bond investors weren't fully convinced by Fed Chairman Kevin Warsh's as…