What will the Fed do now?
The central bank meets today and faces the tough dilemma of weighing inflation risks against economic health; economists expect rates to stay at 2%. Meanwhile, stocks jump as oil prices continue to slide and financials rise. Procter & Gamble reports a rise in profit.
Fed holds interest rates steady
Service sector shrinks in July: ISM
Federal Reserve statement on interest rates
SKF 112.12 -11.10 -9.01%
GOOG 479.85 +16.85 +3.64%
POT 173.31 -6.83 -3.79%
AAPL 160.64 +7.41 +4.84%