New Fed "Dot Plot" Sends Markets Sliding

Wednesday, March 18th, 2026Major market indexes all took a slide this afternoon — already trading in the red as of the news release from the latest Fed meeting on interest rates — largely on comments from Fed Chair Jerome Powell regarding interest rate cuts not necessarily forthcoming. This is in the wake of uncertain global economic developments and higher-than-expected inflation reports, including this morning’s Producer Price Index (PPI) for February.As a result, indexes closed at session lows: the Dow - ...