The Fed's two-day monetary policy meeting could present the next major obstacle for markets. — Reuters
NEW YORK: The Federal Reserve's balancing act between concerns about a weakening labour market and still above-target inflation will take centrestage for investors in the coming week as they weigh risks to the rally in the US stock market.
The benchmark S&P 500 has rebounded sharply over the past two months as worries about the impact of trade barriers on the economy have eased since President Donald Trump's "Liberation Day" announcement on April 2 sent the market plunging.
Subscribe to The Star Yearly Premium Plan for 30% off
Cancel anytime. Ad-free. Full access to Web and App.
Monthly Plan
RM 13.90/month
RM 9.73/month
Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.
Annual Plan
RM 12.39/month
RM 8.63/month
Billed as RM 103.60 for the 1st year, RM 148 thereafter.
