Wall Street Ends Sharply Lower After Fed Keeps Rates Unchanged

Fed Chair Jerome Powell Just Said the Quiet Part Out Loud -- and These 8 Words Are Roiling Wall Street

Key PointsFOMC interest rate decisions are among the most anticipated announcements on Wall Street.Although the U.S. economy is chugging along and consumer spending remains resilient, inflation is a wildcard that can upend the Fed's existing monetary policy.A historically divided FOMC is further complicating matters for an expensive stock market.10 stocks we like better than S&P 500 Index › Few announcements put investors on the edge of their se…

Wall Street ends sharply lower after Fed keeps rates unchanged

NEW YORK: Wall Street ended sharply lower on Wednesday after the Federal Reserve held US interest rates steady and projected only a single rate cut for the year, as officials took stock of economic risks from surging oil prices and the US and Israeli war with Iran.

Dow drops 768 points as Fed holds rates, stocks fall | Honolulu Star-Advertiser

Wall Street ended sharply lower today after the Federal Reserve held U.S. interest rates steady and projected only a single rate cut for the year as officials took stock of economic risks from surging oil prices and the U.S. and Israeli war with Iran.

Wall Street Reacts To "Neutral" Fed Hold

Wall Street Reacts To "Neutral" Fed Hold The digital ink on  the Fed statement is still wet and the kneejerk reactions are already flying. Here is a small sample of the more notable ones, with opinions ranging from this was a dovish, neutral and hawkish statement. So right in the middle, perhaps as Powell intended: George Goncalves, MUFG: "this is a “neutral” statement from the FOMC.The statement tweaks are an attempt at trying to avoid sending …

Wall St ends sharply lower, Fed keeps rates unchanged

Wall Street ended sharply lower on Wednesday after the Federal Reserve held ‌US interest rates steady and projected only a single rate cut for the year.