U.S. stocks settled modestly higher on Wednesday, gaining in strength in late afternoon trades after the minutes from the Federal Reserve's latest monetary policy meeting showed the central bank was committed to bringing down inflation.
The minutes said the members of the central bank said there would be another 50 or 75-basis point move in the July meeting.
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April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.