US STOCKS - S&P 500, Nasdaq Post Closing Record Highs After CPI dan Fed Decision

WALL STREET - NEW YORK, June 12 (Reuters) - The S&P 500 and Nasdaq posted record closing highs for a third straight day on Wednesday after inflation data came in softer than expected but the indexes ended off the day's highs as the Federal Reserve projected only one interest rate cut this year.

The Fed's March projections included three quarter-percentage-point reductions. The U.S. central bank, in a statement at the end of its June 11-12 meeting, also said it left its policy rate unchanged, as expected.