Wall Street drifts again in the countdown to a Federal Reserve announcement

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Wall Street drifts again in the countdown to a Federal Reserve announcement
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Markets have made few big moves this week ahead of the Federal Reserve’s expected forecasts for where interest rates may be heading.

July 13, 2022rose 7.5% after the company gave forecasts and recaps of its decisions at its investor day that pushed analysts to upgrade how high they think its stock could go.

On the losing end of Wall Street, Instacart gave back some of its gains from its first day of trading as a public stock. It dropped 6%.In stock markets abroad, the FTSE 100 in London rose 0.8% after a report showed U.K. inflation fell unexpectedly in August to its lowest level since Russia launched its invasion of Ukraine.

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Federal Reserve is poised to leave rates unchanged as it tracks progress toward a 'soft landing'Federal Reserve is poised to leave rates unchanged as it tracks progress toward a 'soft landing'Since Federal Reserve officials last met in July, the economy has moved in the direction they hoped to see: Inflation continues to ease, if more slowly than most Americans would like, while growth remains solid and the job market cools
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Federal Reserve is poised to leave rates unchanged as it tracks progress toward a 'soft landing'Federal Reserve is poised to leave rates unchanged as it tracks progress toward a 'soft landing'Since Federal Reserve officials last met in July, the economy has moved in the direction they hoped to see: Inflation continues to ease, if more slowly than most Americans would like, while growth remains solid and the job market cools.
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Federal Reserve is poised to leave rates unchanged as it tracks progress toward a 'soft landing'Federal Reserve is poised to leave rates unchanged as it tracks progress toward a 'soft landing'Since Federal Reserve officials last met in July, the economy has moved in the direction they hoped to see: Inflation continues to ease, if more slowly than most Americans would like, while growth remains solid and the job market cools
Les mer »

Federal Reserve is poised to leave rates unchanged as it tracks progress toward a 'soft landing'Federal Reserve is poised to leave rates unchanged as it tracks progress toward a 'soft landing'Since Federal Reserve officials last met in July, the economy has moved in the direction they hoped to see: Inflation continues to ease, if more slowly than most Americans would like, while growth remains solid and the job market cools.
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