AP
Stocks Up As Investors Expect Flat Rates
Tuesday March 20, 3:24 pm ET
By Madlen Read, AP Business Writer
Stocks Rise in Wary Trading After Housing Data, Ahead of Fed Meeting on Interest Rates
NEW YORK (AP) -- Wall Street advanced for a second straight session Tuesday as investors placed bets that the Federal Reserve won't indicate that it is leaning toward raising interest rates.
Market watchers are anticipating that the Fed on Wednesday will leave rates on hold and say that economic growth is cooling while inflation remains a concern. The Fed has maintained this general stance for several months now, suggesting that rates are staying put.
Stocks Up As Investors Expect Flat Rates
Tuesday March 20, 3:24 pm ET
By Madlen Read, AP Business Writer
Stocks Rise in Wary Trading After Housing Data, Ahead of Fed Meeting on Interest Rates
NEW YORK (AP) -- Wall Street advanced for a second straight session Tuesday as investors placed bets that the Federal Reserve won't indicate that it is leaning toward raising interest rates.
Market watchers are anticipating that the Fed on Wednesday will leave rates on hold and say that economic growth is cooling while inflation remains a concern. The Fed has maintained this general stance for several months now, suggesting that rates are staying put.