File: Prices for crude oil have hit levels not seen since October 2018.NEW YORK - Oil prices finished lower again Wednesday following a choppy session while equities mostly gained as the markets digested Federal Reserve minutes signaling a policy change was coming but not imminent.
But the Fed did not provide clues on when the shift would happen, and as the stance was consistent with commentary from Fed Chair Jay Powell it did not jolt the market. The economy"is recovering faster than participants expected," but there is not yet enough progress"to justify a policy change," Low said.European bourses also rose despite drops by many large banks as bond yields experienced more pressure amid diminishing worries over inflation.
Source: Financial Digest (financialdigest.net)
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