THE DAILY BRIEF

Dow closes down over 1,000 points as Fed leaves rates unchanged


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The Dow Jones Industrial Average suffered its worst day in 15 months, plummeting 1,153 points (2.2%) after a highly fractured Federal Reserve meeting left interest rates unchanged amidst soaring energy costs and sticky inflation.
Wall Street experienced severe late-day volatility as traders processed hawkish signals from Fed Chairman Kevin Warsh and geopolitical spikes in oil prices.


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THE DAILY BRIEFBy Josh