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Dow falls 700 pts as Fed holds rates, hot PPI fuels inflation fears

By Invezz March 18, 2026 Bearish
Dow falls 700 pts as Fed holds rates, hot PPI fuels inflation fears
Wall Street ended sharply lower on Wednesday as investors reacted to the Federal Reserve's decision to hold interest rates steady, rising inflation pressures, and escalating geopolitical risks linked to the Middle East conflict. Major US indexes extended losses following the Fed's announcement and fresh economic data.
Wall Street ended sharply lower on Wednesday as investors reacted to the Federal Reserve's decision to hold interest rates steady, rising inflation pressures, and escalating geopolitical risks linked to the Middle East conflict. Major US indexes extended losses following the Fed's announcement and fresh economic data.