Read this in The Manila Times digital edition.
NEW YORK CITY: Wall Street stocks tread water while the dollar dipped on Wednesday after the Federal Reserve (Fed) lifted interest rates and signaled the possibility of further increases.
The Fed as anticipated raised its benchmark lending rate to a range between 5.25 percent and 5.5 percent, with Chairman Jerome Powell saying during a press conference that the central bank would let data determine whether to hike again.
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