Markets News, Sep. 16, 2026: Fed Chair Warsh Warns About Inflation After Central Bank Raises Interest Rates; Stocks Close Lower
β’ The Federal Reserve unanimously raised interest rates on Wednesday, September 16, 2026, marking the first such increase since 2023. β’ The Dow Jones Industrial Average dropped more than 600 points as Fed Chair Kevin Warsh warned that inflation persists. β’ Higher borrowing costs and rising bond yields can reduce corporate profits and lower the valuation of stocks for investors.
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