Major indices are trading higher following the FOMC decision to increase the target range for the fed funds rate from 3.50%-3.75% to 3.75%-4.00% as Fed expectations for another rate hike in 2026 largely reflect investor expectations heading into the event.

Major indices are trading lower as Fed Chairman Warsh takes a hawkish tone in his press conference and Q&A session after the FOMC rate hike, including committing to returning 2% inflation on a timely basis, referencing FOMC consensus that financial conditions weren't restrictive, and noting that too many inflation categories were over 3% on three- and six-month timelines.

S&P 500 Gains, Crude Falls Ahead Of Fed's Expected First Hike Since 2023: Stock Market Today

Crude tumbles 3.6% on a Saudi pipeline restart, easing yields and lifting chips, while the Fed prepares its first rate hike in nearly three years.

Fed Hikes 25 Basis Points, Projects Another Hike in 2026: Do Prediction Markets Agree?

The Fed raised rates 25 basis points as 16 of 18 policymakers projected at least one more increase before year-end.

Stocks Rise On Dovish Fed Hike Hopes—Strong Retail Sales Surprise

Dovish Hike Hopium Please click here for an enlarged chart of SPDR S&P 500 ETF Trust (NYSE:SPY) which represents the benchmark stock market index S&P 500 (SPX). Note the following: The chart shows

White House's Kush Desai Speaking With Fox News Says Fed Rate Hike Is 'Rather Unfortunate'

Fed Chair Warsh Says Today's Action Starts To Show We Are Serious About This; Asked About AI Safety, Says We Care Very Much About What's Happening In AI But Decisions About Risks And Rewards Are For Other Policymakers To Make; Don't Believe We Need To Do Harm To Job Market To Achieve Our Objective; Job We Did Today And Will Continue To Do Is To Ensure Price Stability So Durable Growth Can Continue

https://www.youtube.com/watch?v=D_5bQnxxWAE