WS #10058
Fed holds rates at 3.5%-3.75% but dot plot signals potential hike later this year; dollar surges most in three months; Warsh forms five task forces. WSJ reports Apple to raise prices due to memory chip crunch, per Tim Cook. LPA +59%, HAO +38%, EXTR -54% in after-hours trading.
Fed Hawkish Hold and Dollar Surge
Fed holds rates at 3.5%-3.75% but dot plot signals potential hike later this year; dollar surges most in three months; Warsh forms five task forces.
WSJ reports Apple to raise prices due to memory chip crunch, per Tim Cook.
LPA +59%, HAO +38%, EXTR -54% in after-hours trading.