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A strategist at State Street Bank said he was surprised that the market doesn't expect the Federal Reserve to cut interest rates — and is still predicting three cuts this year.
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Fed Meeting Today: Stocks Fall After Powell Voices Inflation Worries — Live Updates WSJStock market today: Dow sinks 750 points, S&P 500, Nasdaq slide after Fed decision as Powell touts inflation worries Yahoo FinanceHeard on the Street Wednesday Recap: Higher for Longer? WSJUS stocks slump on worries about higher oil prices, inflation and interest rates AP News
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Fed holds rates steady as war in Iran clouds outlook The Washington PostHere's what changed in the new Fed statement CNBCFed Won't Dismiss Oil-Price Shock. What It Means for Interest Rates. Barron'sLive Updates: Federal Reserve Leaves Interest Rates Unchanged The New York Times'Nobody knows': Oil price shock leaves Fed uncertain about the economy
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