Daily global Markets Report from MarketsWorld.com 18th June 2015

 

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Stocks in the US edged higher on Wednesday, after the FOMC decided to keep interest rates unchanged, as was widely forecast. The US central bank kept the range for its main policy rate unchanged at between 0% and 0.25%, as forecast, although its remarks over the labour market were rather dovish, with policy-makers saying that: “under-utilisation of labor resources diminished somewhat since the last meeting.” The Federal Reserve may yet raise interest rates twice in what remains of 2015, the latest set of economic projections from the Fed´s rate-setters showed. FOMC participants lowered their median 2015 projection for GDP growth to between 1.8% and 2.0% from the …….. Full global markets report here

 

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