While you were sleeping: McDonald’s disappoints

Tue, 26 Jul 2016

By Margreet Dietz July 27 (BusinessDesk) - Wall Street was mixed amid disappointing results from McDonald’s while Federal Reserve policy makers began their two-day policy meeting. Investors are keen to get a sense of the Federal Open Market Committee’s take on the outlook for US interest rates and will scrutinise a statement set to be released after its meeting on Wednesday. "The real thing I'm going to be looking for is, is there a tip of the hat to a potential rate increase in September?" Brad McMillan, chief investment officer at C...

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