The Wenatchee World

Weather:

Weather

The latest extended forecast from The Weather Channel

Remove this weather forecast

Today

Hi37° Cloudy

Tonight

Lo32° Patchy Fog

Friday

Hi39° Patchy Fog

Friday Night

Lo32° Patchy Fog

Saturday

Hi39° Slight Chc Drizzle

Saturday Night

Lo32° Chance Snow

Sunday

Hi41° Chance Rain/Snow

Sunday Night

Lo33° Slight Chc Rain

Monday

Hi41° Chance Rain

Monday Night

Lo34° Slight Chc Showers

Wall Street

Send to Kindle
Print This

NEW YORK (AP) — The latest news from the Federal Reserve spooked investors Wednesday.

Stock and bond prices fell after minutes from the Fed’s latest meeting showed that the U.S. economy was improving steadily enough to warrant a reduction in stimulus in “coming months.” The Fed has been buying $85 billion every month in Treasury and mortgage-backed bonds, which keeps long-term interest rates artificially low and makes stocks seem inexpensive in comparison to bonds.

View my optionsorSign in