new York After the interest rate decision by the US Federal Reserve, the US stock exchanges initially turned positive, but then lost significantly at the close of the market. The US Federal Reserve is sticking to its January pace with a 25 basis point rate hike.
The three major indices all lost 1.6 percent: the Dow Jones index of blue chips closed at 32,029 points on Wednesday, and the broader S&P 500 at 3,936 points. And the index of the Nasdaq technology exchange lost 1.6 percent and fell to 11,669 places. Previously, they had increased slightly.
The fact that the markets then slipped back into the red may also have been due to a statement by Fed President Jerome Powell. During his press conference, he said the fight against inflation is far from over.
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