Less on US stock exchanges
2015-04-29 22:04
New York stock exchanges remained below zero throughout the trading day. The US central bank, the Fed, as expected, leaving interest rates unchanged. The Fed noted that the US economy has slowed down during the winter and that the inflation target has still not been reached.
There are no signals from the Fed when interest rates will be raised. According to analysts, a decision on the rate hike likely in September.
Earlier on Wednesday the statistics showed that US GDP grew by only 0.2 percent in the first quarter, which was significantly lower than expected.
The Dow Jones industrial index fell 0.4 percent, while the Nasdaq composite index fell 0.6 percent.
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