US stocks inch higher ahead of Fed decision

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NEW YORK: Wall Street stocks edged higher early Wednesday (Jun 17) as markets looked ahead to Kevin Warsh's first Federal Reserve decision announcement as chairman and digested data showing increased US retail sales. Warsh has backed interest rate cuts in the recent past but analysts expect him to join other policymakers in holding rates steady in light of higher inflation due to the Middle East war. "This is going to be Warsh's first meeting, so people will closely watch his tone," said Adam

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US stocks inch higher ahead of Fed decision https://www.channelnewsasia.com/ - 17.06.2026 18:52

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US stocks inch higher ahead of Fed decision https://www.channelnewsasia.com/ - 17.06.2026 18:52