Stock futures flat after Fed decision, Nasdaq’s record high

Stock futures flat after Fed decision, Nasdaq’s record high

Stock futures were little changed Wednesday evening following the Federal Reserve’s monetary policy decision, in which policymakers projected interest rates would remain near zero through 2022 and telegraphed that the central bank’s pace of asset purchases would remain at minimum at the current rate. The Federal Open Market Committee’s (FOMC) Summary of Economic Projections indicated […]
Capping US Treasury yields ‘remains an open question’

Capping US Treasury yields ‘remains an open question’

The Federal Reserve could soon renew its World War II-era policy of capping yields on U.S. government debt, as the central bank weighs its options on pinning down longer-term interest rates. The central bank on Wednesday held rates steady at near-zero and suggested...