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Dow closes 500 points lower as Warsh's first Fed meeting sets off surge in bond yields: Live updates CNBCStock futures tick higher after Fed's hint of possible rate hike in 2026 spurs a sell-off: Live updates CNBCThe Fed's new era begins. Here's what it means for your money CNNMarkets Rattled by Warsh Poker Face WSJ
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Interest rates didn't change, but the language in Fed's policy statement, which it released alongside its rate decision today, certainly did.
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Fed Meeting Today: Interest Rates Hold Steady; Kevin Warsh to Speak Soon — Live Updates WSJDow closes 500 points lower as Warsh's first Fed meeting sets off surge in bond yields: Live updates CNBCFed 'dot plot': Almost half of FOMC members project at least one interest rate hike this year Yahoo FinanceDow Drops 500 Points, S&P 500 Falls 1% After Fed Meeting Ends Barron's
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Between a surge in interest rates, increasingly restive colleagues and the demands of President Trump, the new Fed chairman, Kevin Warsh, is in a bind.
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The economy remains robust despite 11 rate hikes from the Fed designed to bring down inflation. Wednesday's CPI reading will provide the latest hint as to whether or not those efforts are working. Markets then await key economic news from the Fed.
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