While you were sleeping: Wall Street falls as Fed gathers

Tue, 17 Mar 2015

By Margreet Dietz March 18 (BusinessDesk) - Wall Street fell as US Federal Reserve policy makers began a two-day meeting that will offer fresh clues about the timing of an increase in interest rates. At the end of the Federal Open Market Committee meeting in Washington on Wednesday, investors will eye a statement as well as a press conference by Fed Chair Janet Yellen. The central bank will also release its latest economic forecasts. In afternoon trading on Wall Street, the Dow Jones Industrial Average slid 0.71 percent, while the St...

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