WASHINGTON (Reuters) – U.S. economic growth likely stalled in the first quarter as domestic demand cooled and a strong dollar continued to undercut exports, but a pick-up in activity is anticipated given a buoyant labor market.
Wall Street stocks edged up, U.S Treasury debt yields fell, and #oil prices rose to the highest level of the year on Wednesday after the Federal Reserve signalled it was in no hurry to change policy.
NEW YORK (Reuters) – #Oil prices jumped about 3 percent on Wednesday, hitting new highs for 2016 as the dollar weakened after the Federal Reserve announced it would leave U.S. interest rates unchanged.
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