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News 2026-09-16 19:03 UTC

Federal Reserve raises rates; Dow drops 500 points, WSJ

The Federal Reserve raised rates today, its first interest-rate rise since 2023—sending stock and bond prices lower. Stocks turned lower and bond yields higher after Chairman Kevin Warsh began his press conference, per WSJ (via TradingView News). The Dow fell 500 points, and the article says the move could spark tensio