Global Market Live: Fed Turns Hawkish! Wall Street Sinks on Rate Hike Fears

Описание: The Federal Reserve left interest rates unchanged, but markets reacted sharply after new projections showed policymakers expect higher rates ahead. Wall Street closed lower, with the Dow falling more than 500 points and the Nasdaq losing over 1.3%.

In his first Fed meeting as Chair, Kevin Warsh struck a firm tone on inflation, emphasizing the central bank's commitment to price stability. Traders quickly scaled back expectations of rate cuts and increased bets on rate hikes by the end of 2026.

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