Fed Leaning Towards Ending Stimulus in October; Stocks Rally
After ending down for two straight days, U.S. stocks finally rebounded and ended the day in the green. The Fed recently released the minutes from its June 17-18 meeting. The minutes revealed that the Federal Reserve is leaning towards ending economic stimulus in October, showing that the Fed is very confident in the future of the economy. Due to slipping crude oil prices gas prices could fall between 10 to 25 cents by the end of July.
Word on the Street
Published on Jul 9, 2014By InvestorGuide Staff