Fed Raises Interest Rate and Signals Further Step Ahead - Trump Threatens EU with New Tariffs Over Canada Plans - Amazon's Mega Offensive - GE Vernova Defies Interest Rate Pressure
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On Wednesday, September 16, 2026, US stock markets came under pressure following the Federal Reserve's interest rate decision. The Dow Jones fell by 1.2% to 51,462 points, the S&P 500 lost 0.4% to 7,552 points, and the Nasdaq Composite closed nearly unchanged with a minimal loss of 0.01% at 25,978 points. The Fed raised its benchmark interest rate for the first time since 2023 by 25 basis points to a range of 3.75 to 4.00%. Additional selling pressure was triggered by Fed Chair Kevin Warsh's statement that inflation remains too high. At the...
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