Market Update: Dow Jones, S&P 500 React To Fed Rate Decision

2025-03-19 19:35:00 ET

Summary

• The Federal Reserve kept interest rates steady but hinted at possible rate cuts later in the year.
• The Fed also expects slower economic growth and higher inflation.
• US stock indexes, including the Dow Jones and S&P 500, rose following the Fed's announcement.
• Technical analysis suggests the Dow Jones faces immediate support at 42000 and potential resistance at 42446 and 42764.

By Zain Vawda

Wall Street Indexes continued their advance after the Federal Reserve kept rates unchanged. The central bank decided to keep interest rates steady at 4.25%-4.50% but suggested two small rate cuts might happen later this year, staying consistent with earlier predictions. The Fed also expects slower economic growth and higher inflation ahead....

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