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US stocks hover near record high as investors await Fed comments on inflation

US stocks hover near record high as investors await Fed comments on inflation

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US stocks hovered near record highs Tuesday as investors await comments from the Federal Open Market Committee about a timetable for scaling back on its accommodative policies. The FOMC decision is due Wednesday after a two-day meeting, with most economists anticipating the central bank will leave its policy mostly unchanged. Investors will be focusing on tapering discussions, the latest economic projections, and inflation.

...read full article on Business Insider

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