While you were sleeping: Shazam, Wall St rises again

Mon, 11 Dec 2017

By Margreet Dietz Dec. 12 (BusinessDesk) - Wall Street moved higher, while the US dollar and Treasuries fell, as Federal Reserve policy makers are expected to be gearing up to raise interest rates for the third time this year. On Tuesday the Federal Open Market Committee is scheduled to starts its two-day meeting, during which it is widely expected to hike interest rates. Investors will scrutinise the FOMC’s statement and forecasts, as well as a press conference by Chair Janet Yellen, on Wednesday. “Coming off a week of pretty good...

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