(Reuters) - NEW YORK, June 28 - U.S. stocks rose in choppy
trade on Thursday even after the Federal Reserve reiterated
that its main concern was that inflation might fail to
moderate.
The Fed held the benchmark U.S. interest rate steady at
5.25 percent for an eighth straight meeting, but dropped a
description of core inflation as "elevated."
Read more at Reuters.com Bonds News
trade on Thursday even after the Federal Reserve reiterated
that its main concern was that inflation might fail to
moderate.
The Fed held the benchmark U.S. interest rate steady at
5.25 percent for an eighth straight meeting, but dropped a
description of core inflation as "elevated."
Read more at Reuters.com Bonds News
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