Wall Street Slips on Tax Plan Uncertainty, GE Losses
  • 6 years ago
Wall Street Slips on Tax Plan Uncertainty, GE Losses
With the Federal Reserve’s policy meeting a month away, Philadelphia Fed President Patrick Harker said
that he expected to back an interest rate hike next month despite caution over low inflation.
Peter Cardillo said that We’re entering a period of uncertainty, until the tax bill is either passed or till we have more details,
The S&P and the Dow ended the week lower for the first time in nine weeks on Friday after Senate Republicans unveiled a new tax plan
that differed from the House of Representatives’ version.
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