Dossier
Gregory Daco
Coverage of Gregory Daco in the Nexus archive.
- Wall Street rises, falls, rises again as Fed keeps rates steady
Wall Street saw modest gains as the Iran peace deal improved market conditions, but the Federal Reserve kept interest rates steady at 3.5% to 3.75% under new chair Kevin Warsh. Markets closed higher by week's end, though the Fed's shorter-than-usual statement and lack of forward guidance increased uncertainty.