Stocks edge up before Fed minutes

By Marc Jones
Updated May 25 2022 - 11:31am, first published 11:28am
Investors currently expect a series of 50-basis-point rate hikes over the next several months.

Stock markets and the dollar moved cautiously higher on Wednesday before the latest Federal Reserve meeting minutes, while New Zealand's dollar soared as its central bank joined those now aggressively jacking up interest rates.

Advertisement

Ad

Advertisement

Ad

Get the latest Canberra news in your inbox

Sign up for our newsletter to stay up to date.

We care about the protection of your data. Read our Privacy Policy.