US Stock Market Highlights: Dow Jones posts slim loss after Fed signals it’s in no crawl to lower rates

DwellingMarket InfoUS Stock Market Highlights: Dow Jones posts slim loss after Fed signals it’s in no crawl to lower rates
US Stock Market Highlights: The Dow Jones Industrial Moderate ended Wednesday (June 18) modestly lower following the Federal Reserve’s most contemporary coverage replace, where the central bank kept passion rates actual and Chair Jerome Powell signaled it would wait to stumble on the affect of President Donald Trump’s tariffs on inflation sooner than persevering with on rates. The 30-stock Dow lost 44 choices, or 0.10%. The S&P 500 slipped 0.03%, and the Nasdaq Composite inched up 0.13%.
US Stock Market Highlights: The Dow Jones Industrial Moderate ended Wednesday (June 18) modestly lower following the Federal Reserve’s most contemporary coverage replace, where the central bank kept passion rates actual and Chair Jerome Powell signaled it would wait to stumble on the affect of President Donald Trump’s tariffs on inflation sooner than persevering with on rates. The 30-stock Dow lost 44 choices, or 0.10%. The S&P 500 slipped 0.03%, and the Nasdaq Composite inched up 0.13%. The Fed left its key price unchanged Wednesday in a fluctuate between 4.25%-4.5%, as markets expected. Nevertheless, it turned out to be a mixed net of news for merchants, as the central bank unexcited signalled price cuts this year whereas concurrently hinting at a stagflationary risk. The policymakers forecast two extra quarter-level cuts for the year, however they diminished the 2025 forecast for financial enhance to appropriate 1.4% and raised the core inflation outlook to 3.1%. Behold this station for all the dwell updates.