Fed Hikes Rates 25 Bps and Warns of More; Wall Street Slumps

The Story

News Summary

U.S.
stocks fell after the Federal Reserve raised benchmark interest rates by 25 basis points to 3.75%–4.00% and signaled another hike this year.
Elevated oil prices and persistent inflation fueled the 'higher-for-longer' rate outlook, triggering market concerns over a potential policy mistake.

Explore BRENT price history & advisor snapshot

These are separate market snapshots and may predate this story. Check the data period, generation time and expiry before using them in your research.

Stored market data

99.05 +51.82% over the displayed period

Reserved for TradingNews24 members. Log in or create a free account to access market signals and exclusive tools.

Open BRENT advisor →