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The Dow Jones dropped roughly 900 points ahead of the US Federal Reserve's July 2026 rate decision as rising oil prices stoked fears of a more hawkish signal from Fed Chair Kevin Warsh. Rate-sensitive stocks and broader equities sold off as traders cut risk before the Fed's announcement.
The US Federal Reserve's FOMC begins its two-day meeting on April 28, with the rate decision due at 2:00 PM ET on April 29 followed by Jerome Powell's press conference at 2:30 PM ET.
The US Federal Reserve kept interest rates unchanged at 3.5, 3.75 percent, citing inflation concerns and global economic pressure. The decision came at what is expected to be Jerome Powell's final meeting as Fed chair. A leadership transition at the Fed could shift how future rate decisions are made.
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The Dow Jones dropped roughly 900 points ahead of the US Federal Reserve's July 2026 rate decision as rising oil prices stoked fears of a more hawkish signal from Fed Chair Kevin Warsh. Rate-sensitive stocks and broader equities sold off as traders cut risk before the Fed's announcement.
29d ago · 3 min · Markets
The US Federal Reserve's FOMC begins its two-day meeting on April 28, with the rate decision due at 2:00 PM ET on April 29 followed by Jerome Powell's press conference at 2:30 PM ET.
3mo ago · 2 min · Global Affairs
The US Federal Reserve kept interest rates unchanged at 3.5, 3.75 percent, citing inflation concerns and global economic pressure. The decision came at what is expected to be Jerome Powell's final meeting as Fed chair. A leadership transition at the Fed could shift how future rate decisions are made.
4mo ago · 1 min · Global Affairs
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