#stocks #inflation #YahooFinance #recession #bitcoin #Biden #Stockmarket #coronavirus #memestocks #Fed #YahooFinance #investing #stockmarket #crypto

To get the latest market news check out finance.yahoo.com

U.S. stocks were mixed on Wednesday as investors digested the possibility of the Federal Reserve cutting interest rates sooner than many had anticipated and updated data showed the US economy grew faster than previously reported in the third quarter.

The Dow Jones Industrial Average (^DJI) served as the biggest gainer barely finishing above the flat line, while the benchmark S&P 500 (^GSPC) and the tech-heavy Nasdaq Composite (^IXIC) fell about 0.1%.

Hopes for a policy pivot grew after Fed Governor Christopher Waller said there was "no reason" to insist rates stay "really high" if inflation continues to cool consistently.

While Fed Governor Michelle Bowman differed, other officials echoed Waller's dovish comments, with Chicago Fed President Austan Goolsbee voicing concerns about keeping rates "too high for too long."

For more on this article, please visit:
https://finance.yahoo.com/video/fed-presidents-offer-conflicting-views-212547373.html