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Dow closes 500 points lower as Warsh’s first Fed meeting sets off surge in bond yields: Live updates - CNBC

As reported by CNBC
Wednesday's FOMC decision marks the first with new Fed Chairman Kevin Warsh at the helm of the U.S. central bank.
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The Dow Jones Industrial Average closed 500 points lower following the first Federal Open Market Committee meeting under new Fed Chairman Kevin Warsh. This significant decline was triggered by a surge in bond yields, reflecting a negative market reaction to the U.S. central…

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