Thursday, December 18, 2025
41.0°F

US stocks shed gains after Federal Reserve’s rate decision

by AP Business Writers
| September 16, 2020 1:03 PM

U.S. stocks were losing some of their gains Wednesday as a brief rally following the Federal Reserve's latest interest rate policy update faded. The central bank signaled it will keep interest rates near zero into 2023 and issued a slightly less dire outlook for economic growth and unemployment this year.

Become a Subscriber!

You have read all of your free articles this month. Select a plan below to start your subscription today.

Already a subscriber? Login

Print & Digital
Includes home delivery and FREE digital access when you sign up with EZ Pay
  • $16.25 per month
Buy
Unlimited Digital Access
*Access via computer, tablet, or mobile device
  • $9.95 per month
Buy