@news.usa67: Wall Street Drops After Federal Reserve Holds Interest Rates Steady The Dow Jones fell 1,153 points, its worst day since April 2025, after the Federal Reserve decided to keep interest rates unchanged for the seventh consecutive month. The Nasdaq dropped nearly 2%, nearing what's known as a market correction. The vote was 9-3, the first time since 2016 that three committee members dissented in the same direction. Fed Chair Kevin Warsh reaffirmed the bank's 2% inflation target. President Trump commented on the decision, saying Warsh is "fantastic" but has a "political" board pushing to keep rates high. Experts warn the Iran war and new tariffs could keep pushing prices higher for American families. #breakingnews #usnews #unitedstates

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2026-08-06 04:55:30

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