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General Business
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Stocks on Wall Street gyrate as Fed holds rate steady

Although expected, the decision had a big impact on bonds and shares.

Nevil Gibson
Thu, 21 Mar 2019

As expected, the US Federal Reserve held its benchmark interest rate steady but the decision had an immediate impact on Wall Street.

Stocks that had been declining changed direction, moving from losses to slight gains before declining again toward the close.

In its deliberation, a majority of

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Nevil Gibson
Thu, 21 Mar 2019
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Stocks on Wall Street gyrate as Fed holds rate steady
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