S&P 500, Dow fall as more Fed rate hikes in focus

The S&P 500 and the Dow closed lower after US Federal Reserve Chair Jerome Powell signaled more rate hikes. He also said he did not see inflation falling to the central bank's target rate ‘this year or next year.’ #Stocks #Fed #Inflation #News #Reuters #newsfeed Subscribe: http://smarturl.it/reuterssubscribe Reuters brings you the latest business, finance and breaking news video from around the globe. Our reputation for accuracy and impartiality is unparalleled. Get the latest news on: https://www.reuters.com/ Follow Reuters on Facebook: / reuters Follow Reuters on Twitter: / reuters Follow Reuters on Instagram: https://www.instagram.com/reuters/?hl=en

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