Dow tumbles more than 750 points to new closing low for 2026, fueled by inflation woes; Fed holds steady on rates CNBCDow slides nearly 800 points after Fed meeting amid oil inflation USA TodayStock market today: Dow, S&P 500, Nasdaq slide as Federal Reserve holds rates steady Yahoo FinanceFed Meeting Today: Stocks Fall After Powell Voices Inflation Worries — Live Updates WSJ
Federal Reserve chair Jerome Powell said on Wednesday that he will stay on as "chair pro tem" if his successor Kevin Warsh is not confirmed by mid-May when Powell's term expires.
Fed Meeting: Hot PPI Adds To Iran War Inflation Risk; S&P 500 Slips (Live Coverage) Investor's Business DailyWholesale prices rose 0.7% in February, much more than expected and up 3.4% annually CNBCSurge in wholesale prices is a warning AxiosPrices Paid to US Producers Increase by More Than Forecast Bloomberg.com
