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Home > Yahoo Finance Daily > S&P, Dow close slightly lower following Fed decision: Jan 27
Podcast: Yahoo Finance Daily
Episode:

S&P, Dow close slightly lower following Fed decision: Jan 27
Category: News & Politics
Duration: 00:04:33
Publish Date: 2022-01-27 12:00:14
Description: Stocks traded choppily Wednesday following the Federal Reserve's latest monetary policy decision, in which the central bank affirmed market expectations that it was nearing the start of interest rate hikes as the economic recovery progressed and inflation remained hot. However, the Fed offered little in the way of concrete details about the timing and speed of its balance sheet reduction process.
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