Stocks took a sharp turn lower to end a choppy session Wednesday, sinking after the Federal Reserve delivered a widely expected 75 basis point rate hike but also lifted its forecast for a peak in rates above market expectations. Stocks gave up initial gains following the Fed decision, then flipped between gains and losses during Fed Chair Jerome Powell’s news conference, before taking a turn to new lows late in the session. The Dow Jones Industrial Average DJIA,
GBP is pulling down again. Overview for 27.03.2024
The UK pound sterling, paired with the US dollar, returned to decline. The current GBPUSD exchange rate stands at 1.2616. The Bank of England may