The Federal Reserve
The Federal Reserve’s surprise ban on Wells Fargo & Co growing its balance sheet comes at a difficult juncture for the United States’ third-largest lender.
World stocks lost some of the shine provided by Boeing’s strong results as the dollar fluttered on Wednesday.
The U.S. Federal Reserve kept interest rates unchanged on Wednesday but said inflation likely would rise this year.
The Federal Reserve is expected to leave interest rates unchanged on Wednesday while signaling a gradual tightening of monetary policy later this year.
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