(Reuters) - NEW YORK, June 5 - U.S. stock index futures
indicated a weaker start for Wall Street on Tuesday after
Federal Reserve Chairman Ben Bernanke said inflation risks
remain to the upside, suggesting equity investors shouldn't
look forward to a rate cut any time soon.
Futures added to losses following Bernanke's remarks. The
Fed chief said the economy is set to grow at a sluggish pace in
coming months but warned there were risks elevated levels of
inflation, excluding food and energy, may not recede.
Read more at Reuters.com Bonds News
indicated a weaker start for Wall Street on Tuesday after
Federal Reserve Chairman Ben Bernanke said inflation risks
remain to the upside, suggesting equity investors shouldn't
look forward to a rate cut any time soon.
Futures added to losses following Bernanke's remarks. The
Fed chief said the economy is set to grow at a sluggish pace in
coming months but warned there were risks elevated levels of
inflation, excluding food and energy, may not recede.
Read more at Reuters.com Bonds News
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